Many investors think of China as rich. But outside of a handful of east coast exporting cities and Beijing, it is still poor and getting old. How will the government take care of all these people? (Photo by Kevin Frayer/Getty Images)
China’s getting old. In fact, they are getting older faster than anywhere else in the world. And the Chinese government has a very weak safety net....More>>>
In a week that saw that saw the largest sell-off of the year and had some people thinking a true correction was ready to start, top hedge funds and executives reached into their wallets and made some major purchases. Like the week before, we also saw a huge amount of insider activity concentrated on the buy side, as selling was once again very light in comparison.
Related AAPL According To New Data, The Samsung S8 Is No 'iPhone Killer' Device Apple Quietly Acquired A Sleep Tracking App Stocks Drift To Mixed Finish; Apple, Wynn, Trade Desk Score (Investor’s Business Daily) ....More>>>
A rather unusual thing has just happened with Cliffs Natural Resources (NYSE:CLF). The company issued a press release which stated that Barron’s and Axiom Capital Management issued materially misleading statements regarding Cliffs’ CEO share purchases. Cliffs stated that it believed that the materially misleading statements were an intentional attempt to manipulate Cliffs’....More>>>
Yesterday’s discouraging numbers on job growth in April via the ADP Employment Report raise doubts about a rebound in US growth for the second quarter. But if you’re looking for reasons to keep hope alive, Wednesday’s survey data for the services sector fits the bill.
The ISM Non-Manufacturing ticked higher last month, rising to a four-month high and signaling that....More>>>
I’m getting questions from readers about Cliffs Natural Resources (NYSE:CLF), and I guess it’s high time for pre-earnings update. CLF stock has recently been dragged down by major downside in iron ore prices. Technical factors (the successful downside breakout of the $8.30 level) also contributed to the downside. In my view, it is highly unlikely that any major support catalyst....More>>>
United States Steel Corporation (NYSE:X) stock simmered out of the gate today, but surged after President Trump signed a directive for an investigation into any adverse effects foreign steel has had on domestic producers.
Source: Paul Sequeira via Wikimedia (Modified)
The probe, led by Commerce Secretary Wilbur Ross, gives Trump the ability to restrict imports....More>>>
Welcome. In this article I will give the dollar and cents reasons for how come ERIC looks like a relative bargain in today’s marketplace.
In the trailing ten years ERIC has earned their market cap in free cash flow. This is a signal the company may be undervalued. If ERIC can repeat the performance and earn over $19B in the coming....More>>>
Despite the helter-skelter manner in which the Trump administration has operated, one thing has become pretty evident to investors and Wall Street. The president tends to stick to his word and really seems bent on delivering campaign promises. One of those promises is the infrastructure build-out, and combined with what appears to be an improving economy and sentiment by business, some....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