MGM Resorts International (NYSE:MGM) continues its climb from years of massive losses. Moreover, MGM is about to increase its presence in the Chinese gaming mecca of Macau with the opening of a new casino later this year. While MGM has had to play catch up regarding a Chinese presence, the company’s move to catch up may position MGM stock for continued growth.
Many think of the image....More>>>
In any long-term diversified portfolio, international stocks not only have a place, they should be represented by as much as 10% to 15% of your investment.
The reason is not merely diversification, but because international stocks do not always correlate directly to the performance of the U.S. market. You want to have stocks that aren’t correlated to smooth out volatility.
Asian stocks held up in early Monday trade as investors took a sanguine view on U.S.-China trade tensions.
Benchmarks in Japan
Asian private equity firm Affinity Equity Partners is nearing a deal to buy Trimco International Holdings Ltd., a Hong Kong-based maker of garment labels, people with knowledge of the matter said.
Affinity was chosen as the preferred bidder for Trimco and will now negotiate final terms of the purchase, according to the people, who asked not to be identified because the information is....More>>>
By Michael Vodicka
Emerging markets were a brutal place to invest in 2014 and 2015.
While the S&P 500 gained more than 12% in that time, iShares Emerging Markets (NYSEARCA:EEM) fell into a bear market, declining 20%. That weakness was driven by a perfect storm of a strong dollar, falling commodity prices and slower than expected growth in China.
Today, emerging markets are....More>>>