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 […]
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. […]
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 […]
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 […]
The crux of the trade war between China and the United States has been the massive trade deficit between the two countries. China has now offered to fix this problem. The most contentious issue with trade relations between the United States and China is the trade deficit between the two countries. In 2017, the U.S. […]
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 […]
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 […]
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 […]
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 […]
While many marveled at the tremendous growth that we have seen in the Chinese economy in recent times, we knew that this sort of growth rate could not continue forever. We’re already seeing signs of concern here, where by any measure, we could call this a slowdown, a genuine one. One of the real key […]