Trading Ideas
Election 2020: Investors fear that Trump may refuse to leave even if he loses
Betting data from Smarkets suggest there’s a 45% chance that Trump won’t concede if he loses the election. …read more […]
U.S. Stock Futures Trade Near Session Highs on Early Vote Count
(Bloomberg) — U.S. equity futures pointed to further gains after the biggest two-day rally since September, while Treasury futures slid as investors speculated America would get a clear election decision and Congress will deliver a spending bill this year.December contracts on the S&P 500 rose 1% as of 7:18 p.m. in New York. The cash index jumped 3% in the past two days. The dollar fell and Treasury futures dropped as trading kicked off in Asia, with cash 10-year yields implied to rise another two basis points following Tuesday’s selloff.Polls have started closing on much of the East Coast, including …read more […]
Elections 2020: U.S. stock futures are trading higher
Markets are moving as the U.S. awaits results of the 2020 elections. …read more […]
China Halts Ant Group’s IPO, Throwing Ma Empire Into Turmoil
(Bloomberg) — It was heralded as China’s answer to JPMorgan — a homegrown financial giant on the cusp of the biggest stock-market debut the world has ever seen.Instead, with billions on the line and an initial public offering all but sealed, Chinese authorities have abruptly thrown into doubt the future of Ant Group Co. and its celebrated founder, the billionaire Jack Ma.Only days before the financial-technology juggernaut was to go public in Shanghai and Hong Kong — a coup for China’s financial markets that once would have been unimaginable — the $35 billion IPO was halted on Tuesday after Ma, …read more […]
How a Generation Got Deceived Into Low Yields
Last week, we had the biggest stock market drop in months.
I took the opportunity to remind my parents that they shouldn’t panic when the stock market sells off… they should root for it.
In fact, the further the market falls, the better it is for them.
Let me explain…
My parents have built a portfolio that is skewed toward term deposits and savings accounts. They’ve worked hard and saved religiously.
Their parents, who went through the Great Depression, taught them that term deposits and savings accounts were the most secure places to invest their cash.
They have some exposure to the stock market, but not …read more […]
Mall Shakeout Just Beginning as Complex Debt Drowns Owners
(Bloomberg) — The two U.S. mall owners that filed for bankruptcy on Sunday could be just the beginning.As retailers ranging from J.C. Penney Co. to Brooks Brothers Group Inc. go bust, their landlords are struggling, too. But rescuing malls will be unusually complicated because the properties have byzantine webs of financing that have only grown more elaborate with time. Interest groups ranging from lenders to shareholders to tenants to holders of complex mortgage bonds are wrangling over how to fix the situations, and for many large property owners, bankruptcy will be the only option, restructuring professionals said.That’s what CBL & …read more […]
Why the Presidential Election Will Lead to a Brighter Year
Ire and unease have gripped the nation.
Americans have been wrestling with anxiety and unrest related to the pandemic. And to throw kerosene on that dumpster fire, we have mounting anxiety over today’s U.S. presidential election…
At least one of those will soon be in the rearview mirror… hopefully.
Over the past month, I’ve covered the “October Effect” during election years in-depth and how the markets collapse in the month leading up to the election as uncertainty reaches a crescendo.
That’s exactly what we’ve watched play out this year…
The Dow tumbled 4.6% last month.
That’s the largest pullback we’ve seen in October during an election …read more […]
3 ‘Strong Buy’ Stocks With at Least 5% Dividend Yield
Americans went to the polls today under the shadow of a resurging pandemic, with a substantial increase in cases nationwide and the number of people hospitalized with COVID-19 reaching record highs in a growing number of states. Meanwhile, it’s still unclear what a second stimulus package from the federal government may look like and how long it will be until that arrives.To add fuel to this, there are several European governments that are starting to lock down their respective countries all over again in order to prevent the further spread of COVID.With all of this uncertainty, what is an investor …read more […]
Keyera Announces 2020 Third Quarter Results
CALGARY, AB, Nov. 3, 2020 /CNW/ – Keyera Corp. …read more […]
China Turns to Lobsters, Wine and Coal to ‘Punish’ Australia
(Bloomberg) — What started as a political spat between Beijing and Canberra has become a one-sided trade war that threatens serious disruption for an expanding number of Australian exporters.China won’t allow imports of a swathe of Australian commodities and foodstuffs from as early as this week, according to people familiar with the matter. The curbs are a major escalation in Beijing’s pressure campaign following a two-year stand-off over issues from technology to the origins of coronavirus.China’s blacklist — delivered verbally to commodities traders — includes coal, barley, copper, sugar, timber, wine and lobster. It doesn’t cover materials, like iron ore …read more […]
3 Stocks That Gurus Agree Deserve Their Sky-High Valuations
Despite being overvalued on paper, these companies have the confidence of gurus …read more […]
What to expect from markets under a contested 2020 election
Markets could be in for a bumpy ride with the many possible outcomes on Election Day, including scenarios where the outcome isn’t known for days. …read more […]
What the election means for big tech and its relationship with China
Dan Ives, Wedbush Securities Analyst, joined Yahoo Finance to discuss China halting Ant Group’s IPO and how the election will impact big tech and its relationship with China. …read more […]
The Most Divisive Election in American History
The republic had not seen a more divisive presidential election in its history.
On one side, you had the establishment candidate.
Funded by a cabal of deep-pocketed elites, he represented entrenched political interests and the continuation of the status quo.
He was a familiar, vetted and reliable ally. He would ensure that the increasingly corrupt and crony-driven political machine would continue to roll on.
On the other side stood the populists.
They lived far from the power centers of New York and Washington, D.C.
These unsophisticated rabble-rousers felt disenfranchised, exploited and ignored.
For them, the rapid technological change of recent decades was both dizzying and confusing.
An unwelcome …read more […]
