Noted economist and longtime stock bull Jeremy Siegel is urging caution in the waning bull market. Siegel, finance professor at the Wharton School and author of Stocks for the Long Run, correctly predicted the Dow Jones Industrials would hit 24,000. In late 2017, Siegel also correctly predicted the Dow hitting 20,000. The Dow at this […]
Oil giant BP is investing $20 million in Israeli startup tech company StoreDot in a bid to revolutionize electric car batteries. StoreDot is currently developing rapidly-charging electric batteries with the potential to fully charge in mere minutes. Tufan Erginbilgic, chief executive of BP’s downstream business, stressed BP’s commitment to innovating electric battery charging. “Ultra-fast charging is […]
Nobel Prize-winning economist and Yale professor Robert Shiller, known calling previous stock and housing crashes, now believes that the U.S. stock market is “overpriced.” Yet this does not mean that he is completely writing off the current bull market — for now. Shiller’s reasoning is something that he calls the “Trump effect.” That is, President […]
More than 79 million American households will pay zero federal income taxes for 2018, an increase thanks to the Trump tax cuts. The Tax Policy Center says that changes in the law mean more than 45% of American tax filers will pay nothing in federal taxes this year. This tax code quirk, usually the domain […]
Famed investment expert Mark Mobius is warning of an impending large-scale stock market correction. Mobius believes that a potential stock market crash anywhere between 30% to 40% could be in the offing. “I’m much more cautious. There could be a substantial correction in the markets … these short-term corrections can be quite dramatic,” Mobius said. […]
Wealthy real estate investors don’t do things that differently from the average investor, but they do have different habits — and those habits drive them toward ever-greater profits. Rich property investors follow certain investing practices which are acquired by discipline and eventually become their second nature. Here are 7 highly effective habits of wealthy real […]
Financial analysts say that now is the optimal time to invest abroad — while the dollar is weak. That’s because as the value of foreign currencies rise against a falling dollar the return on foreign investment increases. The U.S. dollar lost more than 12% of its value against a host of foreign currencies since January 2017. […]
A new Gallup poll reveals that less than half of all Millennials are currently investing in the stock market. The stock market crash of 2008 and market volatility seem to be a primary reason for reticence to invest among young Americans. Only 37% of people under the age of 35, the Millennial demographic, owned stocks […]
Recently, Facebook has been the object of public fury upon the discovery that it uses individuals’ private data without their knowledge or consent. Those who criticized Facebook would be surprised to learn Google gathers far more personal information than its social media peer. For now, Google has escaped the wrath visited upon Facebook by irate […]
Bedeviled by the uproar created by disclosure concerning its callous disregard for its user privacy, Facebook’s business practices continue to generate controversy. The latest contentious privacy-related issue concerns Facebook employees’ ability to access users’ profiles without disclosure or obtaining the user’s permission. This dual privacy standard is symptomatic of a dilemma for the company: How […]
