Morgan Stanley analyst Benjamin Swinburne just downgraded Roku from the equivalent of a hold to a sell, and people are selling. It was not fundamentals that did this though. Fundamental analysts try to explain everything that happens to a stock with fundamental analysis, which seems natural enough given that this is how they approach understanding […]

2019 has been a good year for stocks so far, but it could have been quite a bit better if not for individual investors dragging it down. JP Morgan expects this to change in 2020. It isn’t that easy to predict where the stock market will be in a year from now, but that doesn’t […]

Given how large the grass roots campaign against wealth inequality has grown, with two presidential candidates now in tow, if we’re going to improve this, we need to be careful. We see all sorts of numbers out there telling us just how concentrated wealth is among the elite, the top 1%, the top 0.1%, the […]

People have been concerned for a while now about the risk of an upcoming pullback in stocks. There are good ways to protect yourself, but you have to actually take the reins. While we usually think of investment as the pursuit of positive returns over time, and that’s a big part of the reason why […]

At first glance, it might seem pretty odd that the world’s most popular search engine would get into the banking business. Google offering banking actually makes sense. Google is a huge internet company that already has a big footprint in our lives. It all started with an idea to improve upon search engine performance on […]

McDonald’s CEO Steve Easterbrook had been guiding the company very well over his 4-year tenure. He was unceremoniously dumped this week, for reasons that should startle us. Steve Easterbrook started his career with McDonald’s in 1993 as a manager of one of their restaurants in London. The fast food industry, including McDonalds, has never been […]

With all of the talk about what the ramifications of a wealth tax may involve, we’ve neglected to address the issue of how to measure it, especially with stock positions. The very fact that people may have to liquidate assets in order to pay taxes that are due is a scary enough prospect. There is […]

In spite of all the economic concerns out there about the proposed wealth taxes from Bernie Sanders and Elizabeth Warren, one Wall St. Economist thinks they are too small. The fact that modern economies are living on borrowed time is far from news, even though not a lot of people care or dare to think […]

Beyond Meat is by far the biggest IPO hit of the year, skyrocketing from an opening price of $72 all the way to $239.71 in less than 3 months. It’s falling back to earth now. IPOs are dominated by traders more so than mature stocks, and this is really the case with the hot ones. […]

Two economists who advise presidential candidates Elizabeth Warren and Bernie Sanders say that the 400 wealthiest families pay a lower tax rate than the middle class. It seems that it isn’t just politicians that have axes to grind, as we now have a report out there from a couple of politically motivated economists that is […]