You might be worried about the bond market and the infamous “yield curve inversion.” A yield curve inversion happens when the rates on short-term bonds are higher than on long bonds. The phenomenon has occurred before seven recessions since 1950, most notably before the 2008 debacle. The warning alarms for recession are getting ominously louder. […]
Two former Federal Reserve chairs have spoken out about the yield curve inversion. They believe that it might be a false recession signal this time. Recently the bond market’s main yield curve inverted, which scared investors into thinking that a recession was on the horizon. Investors are worried because, historically, a yield curve inversion has […]
Social media influencers have large online followings and the power to influence trends, plug products, or refer their followers to sponsored links. Kylie Jenner, for instance, has more than 144 million Instagram followers and makes $1 million per sponsored post. In the burgeoning digital era of e-commerce, consumers are becoming progressively more susceptible to positively […]
Amazon is poised to attack the drug business, and that means less foot traffic to drugstores Decreased margins means many drug retailers must find new ways to entice customers That could put Walgreens and CVS on a competitive collision course with grocery stores The way Americans purchase their prescription drugs is changing. Amazon’s entry into […]
Tesla results continue to fall short of its own projections Electric car prices remain high, even with subsidies Battery costs are a thorny issue as well Tesla has had a love-hate relationship with investors from the moment the company first started operations. The electric vehicle pioneer continues to produce uneven results in meeting revenue targets, […]
Ray Dalio, founder of one of the world’s most successful hedge funds, cautioned investors against pulling out of China in this time of turmoil. Despite the escalating U.S.-China trade war, Dalio said that not investing in China would be risky. Dalio, who runs Bridgewater Associates, reiterated his bullish thesis in an interview on Youtube, where he […]
Longtime activist investor Carl Icahn doesn’t think cutting the interest rate will do much for the economy. The Federal Reserve recently lowered rates by a quarter point, though many in the market had expected it to do more, sooner. Speaking on CNBC’s Fast Money Halftime Report, Icahn remarked that this isn’t a simple problem to […]
There is an old adage that applies to every American: No one escapes the taxman. That is, unless you are a Fortune 500 company. According to a report by the Institute on Taxation and Economic Policy, more than 60 companies have paid zero taxes for 2018. Many companies with at least $79 billion in gross income […]
When it comes to robbing banks, Brazilians think big. The largest bank robbery in Brazilian history occurred in 2005 in Fortaleza. Incredibly, the bank robbers dug a tunnel leading to the bank and stole more than $67 million in cash. In a 2017, a similar plot was foiled by Brazilian police authorities in São Paulo. The robbers […]
President Donald Trump imposed a $200 billion tariff Chinese exports earlier this year. Chinese Premier Xi Jinping then imposed a retaliatory $121 billion tariff on U.S. goods. And the political grandstanding continues between both countries. Huawei, a Chinese tech company, is barely known in the U.S. Yet, it stands to surpass Apple as the second-largest global […]
