The strong dollar continues to drag down U.S. growth, complicating the Federal Reserves plans to raise interest rates and casting serious doubts on President Obamas proposed free trade agreement with Asian nations.
It has been a tough time to be an income investor over the past half-decade.
One could argue that current markets both in the United States and abroad are trading as if volatility wont rear up again at some point. The CBOE Volatility Index (VIX) is trading down near its historic low, currently at a reading of 12.00.
Whenever I give a presentation or conduct a talk, I am invariably asked about my view on initial public offerings (IPOs). Whether or not you invest in them, the accompanying S-1 filing offers a wealth of information on the company, its industry, who its suppliers are and how the newly public company looks to compete.
Activist investors and institutional shareholders are increasingly forcing publicly held companies to return more cash to shareholdersthats good for the economy.
Last month, new home sales fell a very steep 11.4 percent to a 481,000 annual rate. Given the volatile nature of this series one might have expected a bounce in May and sure enough we got one, albeit not enough to wipe out April's dismal performance.
ust as the steady torrent of awful economic data, which began in the First Quarter and continued well into April and May, had forced many market analysts to grudgingly concede that 2015 would not see the robust economic growth that most had expected, the statisticians arrived on the scene like a cavalry charge and routed the forces of pessimism with a wave of their spreadsheets.
The Los Angeles City Council demonstrated its ignorance of Economics 101 when the panel voted last week 12-1 to raise the minimum wage to $15 an hour by 2020 for millions of workers in the countrys second-largest city.
In hockey, the big three is called the hat trick. In basketball, a triple double. In the world of finance they just say Federal Reserve, IMF and the World Bank. When you have those on your resume' you are certain to receive attention when you speak.
If the market feels lackluster, thats because it has been. In fact, we enter today's session with the third-longest streak of gains and losses less than 0.20%. With the summer doldrums already here, what does that mean for the stock market?