Category: Finance News

Jan 12

‘The fallout began at the time of the wedding.’ Meghan and Harry’s #Megxit will make them rich beyond their wildest dreams

It’s been said that behind every great man is a great woman. In Prince Harry’s case, it’s three wealthy and media-savvy women. Harry and Meghan Markle announced Wednesday they “work to become financially independent” and live between U.K. and North America. Free from the ribbon-cutting duties of royal life, the Duke and Duchess of Sussex […]
Jan 12

The Tell: ‘This is nuts’ — one strategist explains why he just reduced risk by selling Apple, Microsoft and more

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 […]
Jan 12

How the Strait of Hormuz, a narrow stretch of water where ships carry $1.2 billion of oil every day, is at the heart of spiraling tensions with Iran

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 […]