President Trump's 2017 tax cuts came with a feature everyone has forgotten. Leveraged companies were supposed to see their tax bills rise in 2022 to help contain spiraling deficits.
Faced with dire near-term crude demand decline projections, Saudi and Russian acrimony in March had to be changed to inconvenient harmony in April with a limited shelf life.
There are pockets of the stock market that look far too overvalued to ignore, and our deep learning algorithms paired with our Artificial Intelligence (“AI”) technology has identified the top short targets for today.
This week's jobless claims are much higher than anticipated and the Nasdaq has fully recovered from losses due to the Coronavirus. The momentum is definitely there, and our AI tells us these are the top buys for today.
The hopes of stimulus checks becoming a reality hinge on the health of the U.S. economy and its labour market. Andrew Yang and Kamala Harris have renewed calls for Americans to get a $2000 a month stimulus check.
The stock price of Union Pacific, one of the world’s largest railroad companies, is up over 75% since the end of 2016. But how did the company pull off such impressive gains, as its revenues grew a mere 9% over the same period? Well, there is a valid reason, of course...
Norwegian Cruise Line Holdings has taken a hammering as the Covid-19 pandemic spread. As customers cancel their bookings and demand refunds, Norwegian, much like other cruise liners, is facing a huge cash outflow which has fueled a massive 70%+ drop in stock price since the beginning of the year...
Much of the economic data we currently get is skewed by various government programs. We have to think about whether the data really tells the story we think it is telling.
“This nation is the United States,” says Tracy Maitland, head of one of Wall Street's largest minority-owned investment firms, "If we are going to be united, everyone has to have equal access and full and fair consideration.”
It’s not surprising to see the market pause after sizzling for weeks. Jobless claims were worse than expected, and payrolls loom tomorrow. If stocks fall just slightly today, that might be seen as not too bad a thing considering how far we’ve come.
Coronavirus has shut down most colleges and universities.
It’s anyone’s guess when colleges will reopen. But one thing’s for sure: the US university system will never return to its old glory.