When I initiated coverage on Xerox (NYSE:XRX), I concluded that the stock wasn’t dead, and in January, I opined the name was also not “dead money.” That is important to reiterate. But this once stellar blue chip has certainly fallen from grace, big time. I then told you that the company was “not dead yet.” But friends, are we approaching the death of Xerox? I mean,....more>>>
The November election caught me be surprise. I find it hard to complain about the resulting appreciation in the S&P, but now that it has cooled, I, like other investors, just don’t know enough about Trump’s policies to make an educated investment decision. I was looking at banks, as the ever-present rate hike looms on the horizon into 2017, but I can’t shake the feeling of....more>>>
President-elect Donald J. Trump’s decision to pick Steven Mnuchin, a former Goldman Sachs partner, as the next Treasury Secretary is driving hopes on Wall Street that government sponsored mortgage giants Fannie Mae and Freddie Mac will be privatized in the new administration. “We’ve got to get them out of government control,” Mnuchin told Fox Business News on Wednesday morning....more>>>
By Dean Popplewell
Monday September 12: Five things the markets are talking about
September trade has finally ushered in some volatility.
This month, the market has and will be focusing on Tier 1 central banks for direction (to come BoE, SNB, BoJ and Fed). To date, despite the lower for longer mantra across the board, its been the rhetoric thats managed to jolt the various asset....more>>>
The oil price recovery after the OPEC and non-OPEC decision to cut production will have a positive impact on the financial performance of oil exploration and production companies. However, the quantum of gains that an oil company can generate due to an improving oil pricing scenario depends upon the cost-reduction and efficiency moves that were employed during the downturn.