Month: August 2019

Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Arturo Estrella, the economist who first discovered the predictive power of the yield curve, has a message for recession naysayers: It could hit sooner than you think. “It’s been 50 years and 7 recessions with a perfect record,” Estrella told
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Although most investors consider the venerable Dow Jones as the benchmark index, in reality, folks should instead consider names like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Facebook (NASDAQ:FB) and Amazon (NASDAQ:AMZN). After all, an investment toward Alphabet stock gives you wide-ranging exposure to the most relevant and lucrative sectors. Source: Valeriya Zankovych / Shutterstock.com Unfortunately, being relevant doesn’t
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After some brief excitement following the closing of its Red Hat deal, International Business Machines (NYSE:IBM) stock is back in the doldrums. Source: JHVEPhoto / Shutterstock.com Shares were due to open Aug. 22 at about $134.20. They’re down 7.5% over the last year, and almost 30% over the last five years.  Shareholders are still getting
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Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battle, citing the issue multiple times during discussions at the central bank’s July
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Chemicals maker Dow (NYSE:DOW) is the smallest member of the Dow Jones Industrial Average (DJIA) by market value. The blue-chip index weights its members by price, not the traditional market cap weighting scheme, but even by price weighting, Dow stock is the second-smallest member of the Dow Jones Industrial Average. Source: JHVEPhoto / Shutterstock.com That’s the good
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Despite Chinese economic data pointing to an increasing demand for copper, the metal has been unable to catch a sustainable bid. The trade war has taken the front seat for the time being from a sentiment standpoint, and I expect it to keep a lid on copper until resolved. While many metals markets are testing
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If you were watching the financial news on July 31, when the second-quarter earnings results caused a 10.1% slide in Advanced Micro Devices (NASDAQ:AMD) stock, then you’ll understand why investors are nervous about this well-known chipmaker. A single day saw a $3.76 billion reduction in the company’s market cap, and nobody wants to catch a
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Amazon’s (NASDAQ:AMZN) market value is likely to climb over $1 trillion within the next two quarters. Right now, AMZN stock is worth $886 billion. That’s down 7.7% from late July when it announced its second quarter results, but impressive nonetheless. In fact, Amazon is making so much free cash flow that it will easily reach
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