Shock, horror! U.S. President Donald Trump may prioritize the European Union (EU) over Britain for a trade deal following discussions in Washington with Germany’s Chancellor Angela Merkel. Remainers in the UK weren’t surprised and reacted with heavy sarcasm. But what does it mean for UK export and investment prospects?
Alastair Campbell, journalist, broadcaster and Downing....More>>>
There will be a buying opportunity in Exxon Mobil (NYSE:XOM), but it isn’t today. I’m looking at a live feed of the futures market right now and crude oil, via the WTI is down about 4%, with the Brent showing a similar plunge. At the end of the day, Exxon’s strength comes from high crude oil prices and while they’re one of the best companies in the space – and a heavily....More>>>
NEW YORK Stocks fellWednesday as the Dow dropped more than 100 points, putting more distance between the blue chipsand that elusive 20,000 mark.
Dow 20,000 has been in sight for several days now, with the index getting as close as a couple of dozen points from the milestone but never reaching it.
At the 4 p.m. ET close, the Dow stood0.6% lower for the day, off 111points and 166away....More>>>
T. Boone Pickens is one of the best energy investors on Earth, and right now hes quietly accumulating a position in one little-known pipeline company – Enterprise Products Partners LP (NYSE:EPD).
The oilman made a fortune in the energy patch; first as a wildcatter through the 1960s, then as a corporate raider in the 1980s, and most recently as a trader through his hedge fund BP Capital.....More>>>
Investors are pouring money into index funds. According to the Wall Street Journal, index funds received a record $400 billion-plus in new assets in 2016. Almost all index funds simply own stocks in proportion to their size. Is there a better way?
Investing in a market capitalization-based index is perfectly reasonable, but it means that a small number of stocks with the highest market capitalization....More>>>
The comparison between Snap (NYSE:SNAP) and Facebook (NASDAQ:FB) is inevitable. Snap went public this past Thursday, and the stock has been up 65% from the IPO price of $17/share in a matter of days. Meanwhile, the Menlo Park company went public in May 2012 and, unlike Snap, its IPO (priced at $38/share) struggled to gain traction in the early days. FB’s shares lost about half their market....More>>>
Fears about a Donald Trump presidency may be misplaced, according to Goldman Sachs Group CEO Lloyd Blankfein in an interview published in the German newspaper Handelsblatt.
Blankfein, head of the worlds most prominent investment bank, said Trump would be a level-headed leader despite his controversial anti-immigration rhetoric and his protectionist stance on trade policies. Trump has proposed....More>>>