As of: 21.08.2019 | Reading time: 5 minutes Frank Stocker Financial editor The protests in Hong Kong hit the city where it’s most sensitive: making money. And the world power China threatens to complicate this further. For this purpose, a megacity Hong Kong in all matters run out of rank. advertising display Li Ka-Shing, Hong Kong’s richest man, has […]
Category: Finance News
Reuters FRANKFURT (Reuters) – Deutsche Bank’s (NYSE: DB) supervisory board will meet on July 7 to discuss a major restructuring that may result in as many as 20,000 job cuts, three people with knowledge of the matter said. Read Full Article on Reuters ETFs That Might Be Affected Symbol ETF Name ETFdb.com Category XLF Financial Select Sector […]
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Schaeffer’s Investment Research June 13, 2019 Walt Disney Co (NYSE: DIS) is by far the best Dow stock today, up 4.3% at $141.55. This comes after Morgan Stanley lifted its DIS price target to $160 from $135 — a nearly 18% premium to last night’s close — and boosted its Disney+ subscriber growth forecast in part due to […]
May Weather Summary Merciless rains pounded the Plains and Midwest, triggering new rounds of flooding and leading to a record-slow planting pace for the Nation’s corn and soybeans. By June 2, only 67 percent of the corn and 39 percent of the soybeans had been planted, breaking the 1995 records of 77 and 40 percent, […]
Diana Olick @DIANAOLICK Competition is fierce among flippers, because the returns are falling. Nationwide, flippers saw an average return on their investment of about 39% in the first quarter of this year, down from 42.5% in the previous quarter. The number of flips are down 8% annually, so the stakes are up. Investor Daniel DiGiacomo […]
By: STEPHEN MCBRIDE Today we’ll bust a big lie about investing. This big lie keeps many investors down. Belief in it is a tall hurdle to building wealth. How many times have you heard a statement like this? “The only way to make big profits is to take big risks.” This is the conventional wisdom. It gets […]
Uber’s Path of Destruction By: Hubert Hora Please follow and like us:
By The Editorial Board | NYT The president appears to view tariffs as the solution to a wide range of foreign policy problems. It isn’t working. So we’re going to tax Americans until Mexico stops allowing people from Central America to exercise their legal right to seek admission to the United States? Seems pretty foolproof. President […]
A new study strengthens the case that skill at the card game helps in the investment decision-making process. By Aaron Brown May 30, 2019, 5:00 AM CDT Do poker players make good hedge fund managers? On one hand, there’s skill overlap. Both activities demand aggressiveness, accurate calculations under pressure, keen behavioral insight and shrewd risk-taking. On […]