The U.S. presidential election is up in the air right now–FiveThirtyEight’s model puts the odds at 58.9% for a Clinton victory, 41.1% for a Trump win. So Deutsche Bank’s David Bianco and team came up with two baskets of 15 stocks, one for a Trump victory, the second for a Clinton win. Here’s Bianco’s take on what might happen if Republican’s sweep both the presidency....more>>>
On Friday, January 20, Donald J. Trump will be sworn in as the 45th President of the United States. Here’s what you need to know about the history, tradition, and rules surrounding Inauguration Day, including who picks up the tab.
Despite all of the pomp and circumstance of modern inaugurations, there’s only one thing that actually has to happen on Inauguration Day. The Constitution....more>>>
Last night, Weatherford International (WFT) reported a smaller than expected loss and announcing an alliance with Nabors Industries (NBR)–and the news was celebrated by the market.
No wonder: Weatherford reported a loss of 32 cents a share, less than the 34 cent loss analysts had predicted, on sales of $1.41 billion. Weatherford also said that it....more>>>
U.S. equities moved lower on Friday as the bulls just didn’t have enough gusto to get the Dow Jones Industrial Average over the 20,000 level — a threshold that has been teased all week long. It was a relatively mild end to a quadruple witching day, with December market index futures, market index options, stock option and stock futures all expiring.
Investors continued to....more>>>
Two new companies joined the IPO pipeline during the first week of 2017. Blackstone’s Invitation Homes (INVH), the the nation’s largest owner of single-family houses, filed for an IPO that we estimate will raise $1.5 billion or more. As a JOBS Act filer, the REIT could begin trading as early as the week of January 30. Following a string of recent filings from the energy sector, founder-owned....more>>>