What happens in the stock market when price acceleration goes vertical and investor complacency reaches extreme levels? Typically, bad things, according to Lance Roberts, chief investment strategist at RIA Advisors. And we’re there now. “This is nuts,” his team said Friday when trying to wrap their brains around what’s next. This, Roberts explains, had him […]
Tom Brady is a now free agent, but the NFL player doesn’t have the same worries as millions of Americans over 40. Workers over 40 are only about half as likely, or less, to get a job offer than younger workers if employers know their age, according to research released this week that was conducted […]
Analysis banner Business Insider strait of hormuz jan 2020 MarineTraffic.com Recent tensions between Iran and the US are threatening the safety of the world’s ships and movement oil in the Strait of Hormuz. The narrow strait is the most important chokepoint for the world’s oil supply. Some 21 million barrels — or $1.2 billion worth […]
By Parisa Hafezi DUBAI (Reuters) – Protests erupted across Iran for a second day on Sunday, increasing pressure on the Islamic Republic’s leadership after it admitted its military shot down a Ukrainian airliner by accident, despite days of denials that Iranian forces were to blame. “They are lying that our enemy is America, our enemy […]
Rick Wilson won’t be surprised by this chart. The Republican strategist and fierce Trump critic — he wrote “Everything Trump Touches Dies: A Republican Strategist Gets Real About the Worst President Ever” — told the L.A. Times last month that the Trump name could remain in the White House well beyond even a second term […]
iStock Fort Myers and the Caloosahatchee River in Florida. If warm weather, easy access to the beach and an affordable price tag sound like your dream retirement, this town might be for you. U.S. News & World Report recently released its list of the best places to retire, and Fort Myers — a midsize riverfront […]
The “Greatest Predictor” of the U.S. stock market’s future is more bullish than it was two years ago, but that’s not saying much. This indicator, which boasts one of the best track records of all in forecasting the market’s 10-year return, is still projecting well-below-average gains. The Greatest Predictor is the average portfolio allocation that […]
Last year, Blackstone’s Byron Wien absolutely nailed a few of the stock-market calls he made on his list of “Ten Surprises” that he’s been publishing, typically with input from fellow billionaire George Soros, since 1986. For one, he predicted the Shanghai Composite SHCOMP, -0.08% would rally 25%. It gained 22%. He said Brazil’s equity market […]
Whoever wins the presidential race come November could determine the fate of housing markets across the country, according to a report from analysts at the financial services firm BTIG. Since the 2016 presidential election, counties that voted for President Trump have seen stronger housing markets than those that voted for former Secretary of State Hillary […]
Michael Bloomberg reportedly has a long-term plan for his well-funded campaign. The billionaire former New York City mayor made a late entry to the 2020 race, but quickly jumped up in the polls thanks to the millions of dollars of self-funding he’s been able to put into it. But if he doesn’t end up topping […]