The U.S. economy is expected to strengthen next year, in part because of the government stimulus proposed at by President-elect Donald Trump, but job growth is likely to slow as the recovery approaches its eighth anniversary, according to a recent survey of economists.
The economy is projected to grow at a 2.3% annual rate in 2017, up from an estimated 1.6% this year, according to the average....More>>>
On Thursday, our Elite Opportunity Pronewsletter suggested getting into Direxion Daily S&P Biotech Bull 3X Shares (NYSEARCA: LABU) in part totake advantage of the January effect:
As a matter of fact, the entire biotech sector was the big performer yesterday, so we’re going to go ahead and take another shot with LABU, one of the primary bullish leveraged ETF’s tracking the....More>>>
President Trump called for tariffs on U.S. steel and aluminum imports that could hurt corporations as well as consumers. Such tariffs also stirred fears of a trade dispute between the United States and China. This in turn propelled Wall Street’s fear gauge index above its historic average and dragged the broader markets down.
Inflation scare leading to....More>>>
Prime Minister Theresa May is going to China, and she’s bringing the British business community with her.
The visit, which kicks off in earnest on Wednesday, is designed to boost ties with the world’s second largest economy ahead of Britain’s departure from the European Union.
“There are huge trade opportunities in China that we want to help British businesses....More>>>
The pain in her legs was so unbearable that she couldn’t muster one more step… let alone the dozen or so needed to make it to her sorority just down the street. She had to call a friend to pick her up.
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MediciNova (MNOV) announced recently that it had failed a phase 2 trial treating patients with Methamphetamine Dependence. Despite this failure, the company continues to study MN-166 (also known as ibudilast) in other major disease areas like progressive multiple sclerosis and Amyotrophic Lateral Sclerosis. This biotech even boasts a pipeline full other clinical targets, hence the reason I still....More>>>
When Warren Buffett announced in 2006 that he would graduallygive away the majority of his fortune to charity,he wasnt kidding.
The billionaire investor just donated another 18.6 million Class B shares of Berkshire Hathaway worth $3.17 billion to five different foundations. That puts his total charitable contribution to the organizations at $27.54 billion in just over ten years.
Attempting to sustain a fixed living standard using distributions from a portfolio of volatile assets is an inefficient retirement income strategy. This is a unique source of sequence risk. Four general techniques for managing sequence risk in retirement are highlighted in Exhibit 1.
Approaches for Managing Sequence of Returns Risk in Retirement