Investors hoping that tax cuts and aggressive government spending plans will add another leg to the bull market likely are going to be disappointed, Morgan Stanley argues in an analysis that contends the end of big returns is near.
A trainload of Arch Coal rolls through Seattle. (AP Photo/Elaine Thompson, File)
Donald Trump’s surprise victory in the presidential race on Nov. 8 put some extra topspin on what had already been a surprising investment success for vulture investor George Schultze: Arch Coal. Shares in the St. Louis coal producer jumped 35% by the end of the week to over $85, not bad for a company....More>>>
There is no doubt change is in the air across the U.S. after our recent historic election. And one of the likely first changes — or, at least, one of the first to be discussed — will be how to modify, dismantle or eliminate the Affordable Care Act, commonly referred to as “Obamacare.”
Source: Freestocks Via Unsplash
The ACA was an unwieldy monster when it....More>>>
We all know that President Trump won the election by appealing to the idea of “making America great again.” A hefty dose of that came down to making sure Americans had jobs again. While most of his time in office has been mostly talking points and rhetoric on the subject, his latest executive order actually provides a real framework for getting America working again.
U.S. equities bounced around the unchanged line on Friday before ultimately finishing lower on concerns about a possible government shutdown on April 28 unless President Trump and Congress can agree on a new spending bill. With contentious issues including border wall construction, taxes and healthcare still in play, an easy deal seems unlikely.
Related TRST Earnings Scheduled For October 21, 2016 Major Accounting Changes Are Coming To The Financial Industry Related MORN One Of The World's Most Powerful Women, Fidelity Personal Investing President Kathleen Murphy, To Tell Her Story At The Benzinga....More>>>
The Roth Annuity: A Bright Star in Annuity Investing
Sex, Drugs and Pay-to-Play Fraud Hit New York Pension Fund: SEC
Less than 40% of workers said they have recovered financially from the recession that started in December 2007, according to a report from Transamerica Center for Retirement Studies. Thirteen percent said their recovery hasn’t....More>>>
Last year, I was endlessly ringing the alarm bells about Japanese financials, particularly the impact of negative rates on profitability (e.g. net interest margin) and of money market reform and dollar strength on offshore funding, i.e. funding for overseas operations. (See here, here, and here.)
With all of the ‘happenings’ going on in the U.S. currently as it relates to politics....More>>>
I had expected IAMGOLD (NYSE:IAG) to post an impressive turnaround in the second half of the year on the back of an improvement in gold prices and the company’s efforts of lowering its cost base. This is exactly what happened when the company released its third-quarter results a couple of weeks ago.
Pulling the right strings
In fact, IAMGOLD blew past Wall Street estimates for....More>>>
Stocks finished higher this year despite (because of?) the surprise Donald Trump victory in the US presidential election and the UK’s decision to leave the European Union. The same couldn’t be said for this week.
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The S&P 500 rose 9.5% this year after falling 1.1% to 2,238.83 this week, while the Dow Jones Industrial....More>>>
Lands’ End (NASDAQ:LE) CMO Gill Brown Hong bought 1,525 shares of the company’s stock in a transaction on Friday, April 13th. The shares were bought at an average price of $22.20 per share, with a total value of $33,855.00. Following the completion of the transaction, the chief marke
Enbridge Energy, Limited Partnership (NYSE:EEP) had its target price lowered by Barclays from $16.00 to $11.00 in a research report sent to investors on Tuesday morning, Marketbeat reports. The brokerage currently has an equal weight rating on the pipeline company’s stock.