Month: January 2020

Activist investors are beginning to see the oil industry as a ‘toxic’ sector much like the big tobacco industry, but not all is lost for big oil companies …read more […]

(Bloomberg) — Apple Inc. shares surpassed $300 amid predictions for a robust holiday quarter, demand for wearables such as AirPods and planned services including streaming TV.Shares of the iPhone maker rose 2.3% to close at a record $300.35, topping the $300 mark for the first time on a split-adjusted basis. Thursday’s gain was in stark contrast to the dismal start Apple had in 2019 when it cut its sales forecast for the first time in almost two decades exactly a year ago. Despite the setback, Apple went on to outperform all other megacap technology stocks in 2019 with a gain …read more […]

(Bloomberg) — Stocks in Asia were primed for gains on Friday after a strong start to the year lifted U.S. equities to fresh all-time highs. Treasuries and the dollar rose.Futures indicated gains for equities in Hong Kong and Australia. The S&P 500 earlier rose 0.8% with megacaps Apple, Alphabet and Nike all notching new record highs. Gains had begun in Asia Thursday when traders returned from holidays to news of policy support from China’s central bank to lift its economy. The pound slid amid concern the U.K. won’t be able to negotiate a free-trade agreement with the European Union by …read more […]

It’s often said that “generals are always preparing to fight the last war.”
In other words, people in charge often spend so much time fixated on how they could have prevented past problems that they fail to prepare for the future.
The most famous example is France’s Maginot Line, which was built in the 1930s to win another war of attrition like World War I. But the nearly 1,000-mile line of defensive fortifications was largely useless against Germany’s blitzkrieg attack in 1939.
What’s true for the military is also true for the Federal Reserve.
In the 1940s, ’50s and ’60s, central bankers were concerned …read more […]

Real-time headlines moving markets. …read more […]

Tesla will start delivering its first cars made in Shanghai to the public on January 7, according to Reuters. Yahoo Finance’s Seana Smith and Ines Ferre discuss on The Ticker. …read more […]

Today we’ll look at Pushpay Holdings Limited (NZSE:PPH) and reflect on its potential as an investment. Specifically… …read more […]

Simple changes to 401(k) contributions as well as adjusted tax brackets announced by the IRS may help Americans hold on to more of their money and save for retirement. …read more […]