Month: March 2019

Inverted yield curve concerns are back, and they are creating a significant drag on financial markets. On Friday, March 22, the yield curve inverted further, including an all-important inversion between the 3-Month and 10-Year Treasury yields. The S&P 500 consequently had its worst day since early January. But, is this something to really worry about?
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The just-released U.S. personal income and spending report for February came in at up 0.2%, which was in line with market expectations. The January personal consumption expenditures price index came in at down 0.1% from December and up 1.8%, year-on-year. Personal spending in January came in below expectations, at up 0.1% from December. These numbers
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Betting on Wells Fargo might not be a safe bet, according to one strategist. The stock caught Wall Street’s attention Thursday following the company’s announcement that CEO Tim Sloan was retiring effective immediately. Shares initially surged on the news in after-hours trading before reversing and shedding over 1.5 percent in Friday’s session. But even these
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It’s anything but a traditional investment because World Wrestling Entertainment (NYSE:WWE) is anything but a traditional company. Wrestling in well-conceived costumes … ’nuff said. But for investors that don’t have to plug into orthodox opportunities, WWE stock may offer surprising potency. Source: Shutterstock That’s because next year’s big projected revenue growth is expected to translate
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Back in late January, chipmaker Intel (NASDAQ:INTC) reported ugly fourth-quarter numbers and delivered below-consensus guidance, all against the backdrop of a global economic slowdown. The implication for Intel stock was clear. Source: Shutterstock Alongside the global economy, the global semiconductor industry is cooling, and that is creating a drag on Intel’s growth rates which will
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As has been widely noted since the start of the year, marijuana equities are among 2019’s best-performing issues. Until recently, it would have been accurate to include Cronos Group (NASDAQ:CRON) in that conversation. Source: Shutterstock Although the ides of March recently struck Cronos Group stock, shares of the Canadian cannabis company are still up 94.80%
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The last year has seen Facebook (NASDAQ:FB) and Alphabet’s (NASDAQ:GOOGL) Google come under fire for various transgressions involving sale of private information to businesses. But that cottage industry got its start more than 100 years ago, pioneered by predecessor companies of Equifax (NYSE:EFX). Source: Shutterstock If you’re scared of Facebook and Google sharing your search
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DOW JUMPS, DRAGGING S&P 500 AND NASDAQ WITH IT The Dow Jones Industrial Average climbed triple digits, building off a triumphant start to the trading session for U.S. stock futures. The blue-chip index climbed 140.52 points, or 0.6%, to reach 25,857.98. Caterpillar Inc. (CAT) and Boeing Co (BA) were the Dow’s top performers. The Dow is minutes away
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