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.
Fortune Brands Home & Security, Inc. (FBHS) seems to be a slightly undervalued player in the home improvement segment that has astutely chosen to work with market leaders Home Depot (HD) and Lowes (LOW) instead of compete with them head-on. Market conditions being favorable to the giants in the segment, that effect is expected to cascade down to Fortunes product lines as well. Valuation analyses....More>>>
Two years ago, we pulled Fidelity Contrafund (FCNTX) from the Kiplinger 25 and replaced it with Fidelity New Millennium (FMILX). We had no qualms about Contras performance or the estimable Will Danoff, the funds manager since 1990. Our concern was with its immense asset base, $114 billion at the time. We worried that Danoff would have trouble steering the battleship through increasingly turbulent....More>>>
Banks are seeing significant returns, with some outperforming the market indices in 2016. With the market currently in consolidation and President-Elect Trump close to beginning his term, investors are on the sidelines waiting for clearer indicators of what is to come in 2017 as well as during Trump’s remaining time in his term. The question remains whether the banking sector has been curtailing....More>>>
Founded in 1916, Kronos Worldwide, Inc. (NYSE:KRO) is one of the largest producers of titanium dioxide (TiO2) pigments in the world. The holding company Valhi (NYSE:VHI) reports an 80% controlling stake in the company, 50% directly, 30% through its majority ownership of NL Industries (NYSE:NL),
Gold futures retreated Thursday, while the dollar stabilized and stocks were poised for follow-on gains to Wednesdays late-day revival, as global markets dug in for what could be a prolonged negotiating effort to ward off an outright trade war between the U.S. and China.