Take Wall Streets forecasts on 10-year Treasury yieldsa crucial benchmarkwith a big grain of salt.
According to a Thursday note by Torsten Slok, chief international economist for Deutsche Bank, Wall Street analysts have been embarrassingly off the mark when asked to forecast where rates were headed.
He compared the last 15 years worth of forecasts from the Feds Survey of Professional....More>>>
Harold Evensky: How Trump Could Weaken the Fiduciary Standard
Sen. Warren Grills Puzder in Letter on DOL Fiduciary Ahead of Hearing
15 Best States for Retirement: 2017
When it comes to mergers and acquisitions of RIAs, much attention has rightly been given to “rollup” or consolidator firms like Focus Financial, United Capital and Dynasty. But the latest data published....More>>>
On Friday, our Under the Radar Moversnewsletter suggested small cap China based online retailstockLightinthebox Holding Co (NYSE: LITB) as a long/buy trade:
LITB has been on our watchlist for a while now, but gave us that clinching signal today. That is, after pushing up and off an entanglement of moving average lines (which made a few bullish crosses this week, by the way), LightintheBox....More>>>
Trump won. Some people are happy. Some people are acting like someone shot their dog. What happens now? Well, my answer flies in the face of virtually every modern economist and pundit on CNBC… Virtually everyone believes that government spending and/or tax cuts will have a powerfully positive effect on our economy. The people cheering believe that Trump's....More>>>
As I said yesterday, 'tis the season for last-minute gifts… no matter who you are. I shared the names of four potential books for the children in your life. Now, for the adults on your holiday gift list… The True Believer, by Eric Hoffer America once had a longshoreman philosopher, a Socrates of the docks. Eric Hoffer had no formal education, but he had....More>>>
Amazon.com Inc. (NSDQ:AMZN) is off to a great start to shopping season 2016. Starting with the record (Non-Prime day) number of Prime subscription sign-ups on the launch day of The Grand Tour,over a week ago, to the strong sales in the just concluded Thanksgiving weekend and the latest announcement of onboarding shipping giant Matson onto its cloud service, Amazon is clearly firing on all cylinders.....More>>>
Facebook (NASDAQ:FB) is often considered the 800-pound gorilla of internet growth stocks. The social network’s monthly active users (MAUs) rose 17% annually to 1.86 billion last quarter, and analysts expect its revenue and earnings to respectively grow 37% and 28% this year. Those numbers look solid, and make its forward P/E of 20 look fairly cheap.
However, investors should also recognize....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins