Investors hoping that tax cuts and aggressive government spending plans will add another leg to the bull market likely are going to be disappointed, Morgan Stanley argues in an analysis that contends the end of big returns is near.
CIA Director Mike Pompeo traveled to North Korea a few weeks ago to meet Kim Jong Un to prepare for a possible summit with President Donald Trump, according to two people familiar with the matter, raising optimism the meeting could produce a deal.
Q: The stock market seems to be reaching new record highs every day. Are there any stocks that still look cheap?
Corporate earnings have exhibited pretty impressive growth as a whole over the past few years, so the market’s performance is somewhat justified. However, many stocks do look to be rather expensive right now — particularly in the tech sector. Yet some bargains remain.
Zoe’s Kitchen (NYSE:ZOES) is a stock that I have been steadfastly bearish on since it came public. This company has terrific fundamentals including rapid growth, nice comp sales and prodigious margins but investors have bid it up to levels that are simply unbelievable. That was the case after Q1 earnings when Zoe’s was going for 246 times this year’s earnings estimates and....More>>>
All major U.S. stock indices posted gains last week except for the tech-heavy Nasdaq 100, which fell 1.5%. The losses in this typically market-leading index were driven in large part by the 3.8% drop in Apple (Nasdaq: AAPL). Although the trend in the market is clearly positive, the recent weakness in technology may become problematic if it persists for more than a week or two.
David Rockefeller, a globalist central banker who advocated for a “New World Order” and mass population control while wielding vast influence over world leaders, died Monday at the age of 101.
A family spokesman, Fraser P. Seitel, confirmed his passing.
Rockefeller was well-known for openl