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Global economic headwinds are reaching critical levels after a horrific Japanese GDP figure on Sunday. With China, Germany and Japan all slowing even before the coronavirus hit, recession risks continue to rise. The great divergence between economic fundamentals and stock market returns continues as Dow Jones, S&P 500 and Nasdaq futures rose
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Baby Boomers have accumulated the “most disproportionate wealth in all recorded history” through the stock market and property. As they exit for retirement, we’re sleepwalking into a crisis, argues former hedge fund manager Raoul Pal. Readjust your retirement expectations or look to bonds, emerging markets, and cryptocurrencies for an alternative. The stock markets
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Tesla stock dipped overnight after an annual SEC filing raised concerns about the impact of China’s coronavirus epidemic. This comes shortly after the announcement of a $2 billion stock offering early in the day to raise capital. TSLA bulls are now dealing with the possibility that Elon Musk’s aggressive growth strategy has
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Alibaba’s CEO called the coronavirus a “black swan event” Thursday. His analysis has disastrous implications for the stock market. While he spoke, new coronavirus cases spiked at a frightening pace. The stock market seems to be shrugging off coronavirus fears since it became a pandemic last month. Amid startling news of drastic measures taken
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Jeff Bezos now has a Hollywood residence in the prime 90210 zip code. Founders of two prominent Hollywood studios previously owned the property at different times. The net worth of the Amazon boss is up $17 billion this year. In one fell swoop, Jeff Bezos has signaled with an expensive purchase that his
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Baby boomers know that time is not their ally. Boomers are going all-in on stocks because they can’t rely on their pension alone. They have trillions invested in the stock market and will likely sell eventually. This may trigger a stock market crash. In this era of asset inflation, it may seem like
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Sprint and T-Mobile have won a major lawsuit in their quest to merge. The deal is great for Sprint’s investors, but it will dramatically reduce competition in the industry. This merger is a major setback for anti-trust concerns in the United States, and it may harm consumers. Sprint’s (NYSE:S) stock soared over 70%
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The stock market’s three primary indices all set new intraday records on Tuesday. But a sharp reversal struck as Fed Chair Jerome Powell testified on Capitol Hill. President Trump ripped Powell a new one, blaming him for the stock market sell-off. The U.S. stock market huffed and puffed to new all-time highs on
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An “intense year” lies ahead for Facebook as the U.S. general election looms. Early investor Peter Thiel recently dumped over 80% of his stake in the company. The early investor’s remaining stake is now worth less than $3 million. At the time of Facebook’s (NASDAQ:FB) IPO in 2012 early
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Hong Kong is investigating two suspected cases of environmental transmission in the Wuhan coronavirus. This could be a game changer for the U.S. stock market, which has previously remained confident that China could contain the spread of the virus. Beijing has hinted strongly about the risks of more than just person to
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