With the March 29 deadline looming, and he U.K. and the European Union far from reaching an agreement, the unthinkable no-deal might actually happen. The United Kingdom is scheduled to leave the European Union on March 29, 2019, which is now only 60 days out. While this has been seen by many as a step […]
With the next Federal Reserve Open Market Committee meeting set to begin on Tuesday, investors anxiously wait, not for a hike or not, but for more information. Few people expect that the Fed will raise interest rates during the upcoming two-day Open Market Committee meeting scheduled to begin this Tuesday, but this one isn’t really […]
The longest U.S. government shutdown in history is finally over, for now anyway. Stock markets weren’t particularly bothered by this either way though as it turned out. Donald Trump no doubt has distinguished himself among U.S. presidents for several things, but the one thing that really stands out is his resolve, or as some people […]
Alexandra Ocasio-Cortez sees herself as a real champion of the people. Raising tax rates is a double-edged sword though, and we need to be wary of the side of it facing us. Newly minted Rep. Alexandria Ocasio-Cortez has come to Congress with a mission. Sure, a lot of representatives do, but Ocasio-Cortez is particularly passionate […]
The majority of fund managers fail to beat the market, but some consistently do. Bill Miller is among them, and he shares with us his top 4 stock picks for the coming year. It’s not anywhere as easy to beat the market with a fund as people imagine, as stocks tend to move together and […]
In spite of concerns about mortgage demand shrinking in 2019, we will probably see a rise in the 30-year fixed mortgage rate this year, even though it will be fairly modest. There is a lot of talk these days about stagnant bond yields casting a net of uncertainty over the mortgage and housing market in […]
Shares of semiconductor companies have been struggling lately amidst concerns of declining demand. Three of them reported positive quarterly results today though. Three major chip manufacturers released their quarterly earnings Wednesday, with all providing encouraging results. Texas Instruments, Lam Research, and Xilinx saw their earnings announcements beat expectations, and with a sector that is seen […]
While IBM reported a second consecutive quarter with drops in revenue, it’s really all about beating expectations, and IBM clearly did that, pushing its stock further up. IBM released its 2018 Q4 numbers after the market closed on Tuesday, and while revenue decreased by 3.5% during the quarter, the overall message was a better one […]
One of the things that the current government shutdown has done is make even clearer just how unprepared many people are for any sort of economic difficulties. Although the U.S. government shutdown is now the longest in history, this has only gone on for a little over a month now, and we’re already seeing some […]
While many now fear that a major economic slowdown or even a recession may be on the horizon, the way to decide this is to actually look at the key economic data. Whenever we see a move in the markets like we did in the final quarter of 2018, many people sense that real trouble […]