Fresh off his remarks about how we need to raise the wealth tax much higher than proposed, Bernstein’s Philipp Carlsson-Szlezak leads us in a discussion about bears. There are surely many people who think that bear markets and recessions simply go together, where a bear market will mean a recession is going on and a […]
In spite of all the problems that Boeing has had lately with its 737 MAX aircraft, Wall St. Analysts have stood by them. The leaked emails now having them turning on Boeing. Boeing started 2019 by simply busting out of the gate. From the close of trading on December 24 to the close on March […]
Energy stock ConocoPhillips is being touted as a buy right now by JPMorgan because it has sold off so much this year. Whether the selling has stopped is what we need to decide. You hear stocks being described as “cheap” quite often, although any time a stock loses value it can be called that. It’s […]
In terms of the leading Democratic presidential candidates, Joe Biden clearly appears to be the least damaging to the stock market, but this does not mean there won’t be any. Compared to the impact of wealth taxes, raising the capital gains tax on those whose income is $1 million or more would certainly be low-impact […]
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. […]
Ray Dalio, founder of the world’s biggest hedge fund, is particularly well known for his market insights and predicted the 2008 crash. He sees some rough times ahead now. No matter how prosperous things are, there are always people preaching gloom and doom, and they are out there in force these days. Our current bull […]
It obviously took a lot for CIO David Rolfe of Westwood Partners to finally dump his Berkshire Hathaway stock, but the reasons ultimately got too overwhelming to resist. To call Warren Buffett an investing legend doesn’t quite seem to describe the level of fame that he has achieved. Warren has held the title of the […]
After waiting patiently all trading day for news from the trade dispute front, holding its breath for something substantial, we at least got the minimum, but hopes were higher. With the way that the trade dispute between China and the United States has been going, where the situation has just been getting worse with each […]
After several years of struggle, Target stock is up 69% year-to-date and still rising. Losing their head of merchandising may concern some, but without good reason. The world of retail has become a much more challenging one to succeed in lately, and in particular, since Walmart and Amazon have come to dominate it. The success […]
Even with a new CEO in place with an impressive track record in retail, and investors providing a 22% gain in one day in a vote of confidence, this is far from a solid stock yet. The retail sector has fallen upon some pretty hard times overall, taking several long-standing successful companies and washing them […]