A year removed from a losing bet that the U.S.-China trade war would be promptly resolved, global grains trader Bunge Ltd is facing an even more uncertain business environment, with a new chief executive who is determined not to get burned again.
President Donald Trump on Tuesday said his administration was looking to cut U.S. taxes on wages and on profits from selling assets such as stocks, but that he was not talking about doing anything imminently.
The U.S. Federal Reserve has a purely domestic mandate, answerable to an elected Congress and facing nearly daily demands from an outspoken president.
I’d like to open today’s Trade of the Day with a quote from Max Gunther’s The Zurich Axioms:
Accept small losses cheerfully as a fact of life. Expect to experience several while awaiting a large gain.
A big part of Smart Speculation is being properly positioned ahead of time for a future move to occur.
If executed properly – and your speculative position hits – you’ll be cashing in when everyone else is hearing about the payoff for the very first time.
Even if a speculative position doesn’t hit (which will happen), don’t worry – because you likely won’t suffer a catastrophic loss.
You see, …read more […]
President Donald Trump on Tuesday said he had to confront China over trade even if it caused short-term harm to the U.S. economy because Beijing had been cheating Washington for decades.
The U.S. Justice Department sued on Tuesday to block travel technology firm Sabre Corp’s $360 million acquisition of Farelogix Inc, saying in court papers that it was a “dominant firm’s attempt to eliminate a disruptive competitor.”
Two U.S. shale producers have challenged an energy pipeline operator’s proposed surcharge for the Trump administration’s 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs.
General Electric Co ranks among the riskiest backers of long-term care insurance, suffering from both high exposure to claims and a relatively small cash pile to pay them, Fitch Ratings said in a report on Tuesday that sent GE’s shares tumbling.
President Donald Trump’s administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday.
Financial shares led U.S. stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week.
President Donald Trump on Tuesday said his administration was looking to cut U.S. taxes, but he was not talking about doing anything at this moment.
A review by a former Republican U.S. senator concludes that political conservatives believe Facebook Inc needs to do “significant work” to satisfy their concerns that the social media website is biased, describing policies and examples that they found problematic without laying out evidence of systemic partisanship.
Traditional safe-havens including the Japanese yen and U.S. Treasuries were sought out on Tuesday even as there were signs that more economic stimulus was on its way, as traders focused on concerns over a global deceleration.
Some days, facing the news cycle maelstrom feels overwhelming. And we’re in a period where all news is seemingly bad news.
A couple of weeks ago, it looked as if pot stocks were bottoming out and the hurricane of negative headlines for cannabis was coming to an end.
Unfortunately, in recent days, we’ve witnessed an abrupt reversal of fortune from the North American Marijuana Index.
So for this week’s Making the Grade, I wanted to remind investors of the top performers over the past month. The sun may not be shining on all pot stocks right now, but a few are enjoying a …read more […]
Wall Street’s main indexes edged lower on Tuesday after three sessions of gains, as lower Treasury yields weighed on financial stocks, offsetting a boost from Home Depot’s better-than-expected quarterly earnings.
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