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.
Ed Yardeni: What the New Tax Law Will, and Wont, Do for the Economy
The IRS has issued an advisory that is causing massive confusion among taxpayers in high-tax states who were planning to prepay some or all of their 2018 property taxes during the final days of 2017 because....More>>>
Get ready for… something. Ignore what everyone knows (fast post-election rise, stocks linked to Trump’s pronouncements, and Dow Jones Industrial Average’s 20,000 level). Expect these popular issues to be ineffectual as 2017 begins. Instead, the market could make one of its countermoves, testing stocks’ strength and investors’ confidence by falling....More>>>
As tax season gets into full swing, consumers get bombarded by companies looking to get a piece of their tax refund.
Retailers, car dealers, and pretty much anyone who has something to sell recognizes that a little extra money can burn a hole in some people’s pockets. And since the average American got a refund of $3,120 in 2015, according to the Internal Revenue Service (IRS), there....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>>>
January 11, 2017: Here are four stocks trading with relatively heavy volume among 29 equities making new 52-week lows in Thursday’s session. On the NYSE, decliners led advancers by about 3 to 2 and on the Nasdaq decliners led advancers by nearly 2 to 1.
DryShips Inc. (NASDAQ: DRYS) dropped about 16% on Thursday to post a new 52-week low of $1.84 against a 52-week high of $278.40 and....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.