Many individual investors fail to manage their equity portfolios with an awareness of “sector rotation” — ups and downs in different sectors’ performance, stemming from changing economic conditions and inevitable shifts in market favor. Historically, determining which sectors were likely to do well at a given time was basically a function of the economy. Different […]
Read moreJPMorgan isn’t buying the shake-up at General Electric. Analyst Stephen Tusa Jr. said in a Wednesday note he sees a dividend cut as “increasingly likely” and lowered his price target on the stock by $2 to $20, more than 14 percent below Tuesday’s close. Just like the departure of former GE Power CEO Steve Bolze […]
Read moreThe CEO of the world’s largest money manager told CNBC on Wednesday that the U.S. stock market “deserves a premium.” “Our companies are stronger,” said Larry Fink, CEO of BlackRock. “They’re better managed across many industries. So, I actually believe the U.S. deserves a premium to the other markets.” Fink said Asia and Europe currently […]
Read moreOn Oct. 1, President Donald Trump once again took to Twitter to attack Kim Jong-un, saying that negotiating with the North Korean chairman is a waste of time. While social media mudslinging may not be the best way to deal with a hostile leader, there’s at least one group who may not mind Trump’s Twitter […]
Read moreThe debate between active and passive management may rage on for a long time. The reality, however, is that many investors own a little bit of both. Even passive investing’s biggest fans still believe that active management has its place in the right circumstances. But with so many actively managed funds and so many strategies, […]
Read moreJohnson & Johnson got its second upgrade this week from Wall Street after Jefferies raised its rating and called the health care company a “dividend machine.” Jefferies upgraded J&J to buy from hold on Wednesday and revised its price target higher, pointing to a strong, “under-modelled” pharmaceutical division that will continue to drive above-consensus revenue. […]
Read moreA combination of geopolitical pressures could spark the end of the U.S. dollar as the world’s reserve currency, according to the head of FX strategy at Saxo Bank. In a quarterly outlook note titled “The world is turning its back on the almighty dollar,” John Hardy claimed the U.S. currency was “increasingly dysfunctional” and there […]
Read moreWal-Mart trading volume was huge today, more than three normal as investors love the emphasis on e-commerce and another massive $20 billion buyback. You can buy a lot of Wal-Mart stock for $20 billion. It’s about 8 percent of the shares outstanding at the current price, but it doesn’t even come close to the biggest […]
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A number of big companies have recently announced spinoffs, a corporate action that typically occurs at the top of bull markets as executives grasp for ways to keep shareholders happy. On Tuesday, Honeywell International and Pfizer both announced plans to shed or consider spinning off certain business units. The number of completed U.S. spinoffs tracked […]
Read moreThe contest for who will become the next head of the Federal Reserve appears to be coming down to two pretty different choices. In recent days, market participants have become more focused on former Fed Governor Kevin Warsh and current Governor Jerome “Jay” Powell. While Warsh has long been considered a front-runner to head the […]
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