As the bull market heads into its ninth year, the list of potential risks that could stop its run is growing. The wall of worry starts in Washington, but the sources of potential risk come from around the globe — including North Korea, China and the Middle East. Domestically, the Alabama senate race this week […]
Read moreWalt Disney’s widely anticipated deal to buy Twenty-First Century Fox’s entertainment assets reminded CNBC’s Jim Cramer of his experience founding TheStreet.com. “Scale. Gotta have scale. I remember when I first heard that term, “scale.” It was when I started TheStreet.com 22 years ago. I would meet with bankers, of course begging for money, and they’d […]
Read moreAfter the Federal Reserve raised interest rates on Wednesday, CNBC’s Jim Cramer wanted investors to get a feel for the state of the U.S. economy. “Higher rates can kill the bull if they make bonds competitive with the return you get from stocks. We aren’t there yet,” the “Mad Money” host said. “A quarter-point rate […]
Read moreJeffrey Gundlach, the renowned bond investor, believes the tax cut is not going to be positive for all companies over the long run and could hurt values of junk credit. “There’s probably going to be some unintended consequences from all this tinkering around with the tax code, ” Gundlach told CNBC’s Scott Wapner on the […]
Read moreShares of Overstock.com surged Wednesday after the CEO announced a joint venture for a global property registry based on bitcoin’s blockchain technology. Overstock CEO Patrick Byrne and the company’s blockchain-focused subsidiary Medici Ventures are partnering with well-known Peruvian economist Hernando de Soto to establish the for-profit venture called De Soto. An earlier report said the […]
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Boeing‘s recent run has been nothing short of amazing. Boeing is on track for its best annual performance since 1978. The stock has soared more than 86 percent this year, adding about $77 billion in market cap and around 892 points to the Dow. Boeing was trading at yet another all-time high on Wednesday at […]
Read moreJanet Yellen could use her final news conference as Federal Reserve chair to sound off on a variety of issues, from the move toward bank deregulation to the central bank’s critics to the state of the country under President Donald Trump. Expect none of that. Instead, Yellen is likely to offer the same approach to […]
Read moreDeregulation and a global equity bull market will propel Morgan Stanley in the new year, according to Keefe, Bruyette & Woods, which specializes in coverage of the financial sector. With major changes expected to the Federal Reserve’s financial crisis banking regulations, Morgan Stanley should be set for a stock swell in the next 12 months, […]
Read moreThe choice you make for how you want to receive professional financial advice can make or break your portfolio. Investors today have four main choices for how they want to receive financial advice, Ron Carson, founder and CEO of the Carson Group, said in an interview with CNBC.com. You can either go the traditional route […]
Read moreCheck out which companies are making headlines before the bell: Honeywell– The industrial conglomerate said it expected adjusted 2018 earnings of between $7.55 and $7.80 per share, compared to the current consensus estimate of $7.79. It also narrowed current quarter earnings guidance toward the upper end of prior projections. Finisar – The manufacturer of optical […]
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