Month: June 2020

As the coronavirus spread and the market plunged, many investors and analysts said we were headed for a depression.
But as Alexander Green pointed out and savvy wealth builders understood, the market would not be down for long.

Note from Senior Managing Editor Christina Grieves: In today’s article, Alexander Green explains how investors capitalized on a major recovery after the coronavirus crash. But he says the easy money has been made. From here on out, investors need to be much more selective. Which is why Alex is bringing you a new project next week featuring his No. 1 microcap recommendation. Stay tuned …read more […]

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(Bloomberg) — German payments firm Wirecard AG was tipped into a full-blown crisis after disclosing it was unable to locate 1.9 billion euros ($2.1 billion) missing from its balance sheet.The company now faces a potential cash crunch and warned lenders could call in loans of as much as 2 billion euros after multiple delays to publication of an audited financial report.Read more: Wirecard Creditors Seek More Transparency Amid Talks About DebtThe company’s creditors are likely to organize and appoint advisers to try and negotiate a solution that gets as much as their money back as possible. Here’s how that may …read more […]

(Bloomberg) — Oil exploration shrank for a 14th straight week in U.S. fields amid weak crude prices and skepticism about a recovery in energy demand.Drillers idled 10 oil rigs in onshore U.S. fields this week, bringing the total to 189, according to data released Friday by Baker Hughes Co. Despite this week’s rise in crude prices to a three-month high around $40 a barrel, they still are more than 35% below the January high.In the Permian Basin, the oil deposit in West Texas and New Mexico that largely drove the past decade’s surge in U.S. crude output, drillers shut off …read more […]

There are many paths to achieving financial freedom. And having the correct tools is a big help. The Investor Junkie blog helps those seeking financial independence in finding the right tools to achieve their financial goals.
The main purpose of Investor Junkie is to review financial apps and tools. And this helps users find the best investing and finance tools for them.
Many finance and investing sites purport to tell you “how to get rich”. But Investor Junkie shares our mission in helping you determine how to get there on your own through self-education.
In this spotlight, we’ll take a closer look at …read more […]

Social media giants remove President Trump’s campaign ad over the use of hate symbols. Yahoo Finance’s On The Move panel shares the details. …read more […]

Apple to again close retail stores in states with coronavirus spikes. …read more […]

Saturna Capital Corporation is the investment management company of Sextant Mutual Funds. Sextant Mutual Funds recently released Q1 2020 Investor Letter, a copy of which you can download here. The Sextant Growth Fund posted a return of -15.13% for the quarter, outperforming its benchmark, the S&P 500 Index which returned -19.60% in the same quarter. […] …read more […]

Yahoo Finance’s Adam Shapiro and Julie Hyman break down Friday’s trending headlines. …read more […]

Saturna Capital Corporation is the investment management company of Sextant Mutual Funds. Sextant Mutual Funds recently released Q1 2020 Investor Letter, a copy of which you can download here. The Sextant Growth Fund posted a return of -15.13% for the quarter, outperforming its benchmark, the S&P 500 Index which returned -19.60% in the same quarter. […] …read more […]

(Bloomberg) — American Airlines Group Inc. is seeking to raise around $2 billion from a junk bond offering that may emerge as soon as next week, according to people with knowledge of the matter.The company is sounding out investors for a potential five-year secured note that cannot be repaid for the life of the bond at a yield of 11%, said the people, who asked not to be named because the talks are private. Discussions around the terms of the offering, including the yield, are preliminary and could change, the people said.The debt may be backed by assets like airport …read more […]

China will accelerate purchases of American farm goods. Yahoo Finance’s Jessica Smith shares the details. …read more […]

Saturna Capital Corporation is the investment management company of Sextant Mutual Funds. Sextant Mutual Funds recently released Q1 2020 Investor Letter, a copy of which you can download here. The Sextant Growth Fund posted a return of -15.13% for the quarter, outperforming its benchmark, the S&P 500 Index which returned -19.60% in the same quarter. […] …read more […]

Saturna Capital Corporation is the investment management company of Sextant Mutual Funds. Sextant Mutual Funds recently released Q1 2020 Investor Letter, a copy of which you can download here. The Sextant Growth Fund posted a return of -15.13% for the quarter, outperforming its benchmark, the S&P 500 Index which returned -19.60% in the same quarter. […] …read more […]