Latest News

Investing Legend Jack Bogle A Champion for the People

Jack Bogle

When people think of legends in the investment world, Jack Bogle’s name doesn’t come up much, but it should. Bogle single-handedly changed the investing landscape forever. Jack Bogle came from a family with a real heritage for looking out for the common people, and in particular, designing lower cost financial services that passed on these […]

Decline of In-App Revenue Not a Concern for Apple

Apple

Apple’s stock has taken quite a beating lately, still down 30% from where it was in October. Revenues may be a concern, but not so much in-app revenue. Apple is both one of the world’s largest companies and a real market darling historically, and many investors have profited greatly over the years from holding it. […]

China’s Problems Are Much Bigger than Just Trade Concerns

China

In the backdrop of China’s slowing economy and concerns about trade with the U.S., there is a bigger problem out there, which is China’s mounting debt crisis. Managing debt is not a problem that is particular to the Chinese, as all governments struggle with this as they balance the needs of stimulating their economies with […]

Share of Mortgages Among U.S. Banks Continues to Decline

US Banks

Big U.S. banks used to hold the lion’s share of mortgages, but competition from online lenders such as Quicken have narrowed profit margins and changed the landscape. It’s now been over a decade since the housing bubble burst in 2007, causing a big spike in delinquency rates and forcing a lot of people to lose […]

Palladium Surpasses Gold for First Time in Years

Palladium

With palladium surging over the last 5 months, increasing in value by 40% over this relatively brief period, it has now surpassed gold in value and may go higher. Gold has traditionally been the king as far as being the world’s most valuable precious metal, although from time to time it becomes surpassed by one […]

Promising News on Trade Front Spurs Stock Markets

Steve Mnuchen

Encouraging news emerges on both sides of the trade battle between the U.S. and China. China appears ready to talk, while the U.S. may be relenting a little on tariffs. Many believe that the impasse in trade discussions between the United States and China is weighing down attempts for markets to further recover from losses […]

Fund Giant BlackRock Feels Market is Rebounding

Larry Fink

Larry Fink, BlackRock’s CEO, believes that the lows we saw in December may be the bottom, for now at least. He sees the current rebound as a vote of confidence. With the relative market uncertainty that we experienced in 2018, and in particular, during the last quarter of 2018, anything that may restore confidence to […]

U.S. Stock Indexes Advance for Second Straight Day

Bank of America

Positive news from two large U.S. financial institutions served to offset some concerns in the sector from yesterday and further suggests we are in recovery mode. Only a day after financials Wells Fargo and JPMorgan Chase announced disappointing earnings, which were felt to be a weight upon an otherwise strong market day yesterday, Goldman Sachs […]