Why the stock market abruptly turned into a roller-coaster ride

Financial adviser Todd Morgan has plenty of rich clients in Southern California who needed to hear a soothing word about the stock market’s wild gyrations this past week. “This calls to mind my favorite saying, ‘The market will do whatever it has to do to prove the most people wrong,'” said Morgan, chairman of Bel Air… Read more

Trump economy: False predictions from the left

ANALYSIS/OPINION: Since the day Donald Trump was elected president in November 2016, the Dow Jones industrial average has risen by some 35 percent, making the last 14 months one of the greatest bull market runs in history. Some $6 trillion of wealth has been created for Americans – which is very good news for the 55… Read more

What Happens To Toys ‘R’ Us Gift Cards After Bankruptcy?

Toys “R” Us filed for Chapter 11 bankruptcy Tuesday after amassing $5 billion in debt and battling online competitors. Toys “R” Us intends to keep its doors open despite the bankruptcy news, which means they plan to resume all customer programs as normal, like gift cards. “All Toys “R” Us and Babies “R” Us stores and… Read more

Dow Jones Closes Above 22,000 — a 6th-straight Record High

The Dow Jones Industrial Average set a sixth-straight record Wednesday, closing above 22,000 for the first time, but experts point out that whatever goes up must always come down. The Dow closed up a fraction at 22,016. Healthy earnings reports from computer technology giant Apple, the world’s largest publicly traded company, and airplane manufacturer Boeing were… Read more

Canada’s Desjardins Suspends Lending for Energy Pipelines

Canadian lender Desjardins is considering no longer funding energy pipelines, a spokesman said Saturday, citing concerns about the impact such projects may have on the environment. Desjardins, the largest association of credit unions in North America, Friday temporarily suspended lending for such projects and may make the decision permanent, spokesman Jacques Bouchard told Reuters by telephone.… Read more

How to Spot the Lies Financial Advisers Tell

When it comes to getting advice—especially financial advice—truth can be such a relative thing. If you’re an individual investor, you probably know exactly what I mean. And the federal government isn’t exactly helping. The administration just killed a fiduciary rule that would have required commission-based brokers and insurance agents to disclose conflicts of interest and compelled… Read more

What To Invest Your Money In And 4 Other Pieces Of Financial Advice

Q&A site Quora. Photo: Quora This question originally appeared on Quora. Answer by Tom Brown. Remember one fact that “The more you risk the more you can earn”. And one more advice for you, you should try to avoid the great mistakes (how to avoid them I will write below). You know, everyone can make a… Read more

Trump-mageddon: Should investors stay or should they go?

WASHINGTON, May 19, 2017 – It began with a big bounce after a poor opening bell on the morning of November 9, 2016. The Great Trump Stock Market Rally continued almost unabated until it began to show signs of faltering in February, 2017. Things got dicier in March and April, as stocks bobbed to and fro,… Read more

Trump resignation could mean a 1,000-point spike in Dow Jones average, analyst claims

In a CNBC interview Wednesday, stock market analyst Jeremy Siegel predicted the Dow Jones Industrial Average would skyrocket in the event that Donald Trump were to resign the presidency. “If Donald Trump resigned tomorrow, I think the Dow would go up 1,000 points,” said Mr. Siegel, a professor at Mr. Trump’s alma mater, the University of… Read more

The Future Of Warren Buffett’s Berkshire Hathaway In 5 Questions And Facts

This article originally appeared on the Motley Fool. Warren Buffett and Charlie Munger fielded several hours of questions from Berkshire Hathaway’s (NYSE:BRK-A) (NYSE:BRK-B) shareholders at the company’s annual meeting. As always, the topics were as varied as the answers were colorful. Here are five highlights investors should know. 1. How will Berkshire spend its $96.5 billion… Read more

Tesla: Absurd level of risk, Cult of Elon Musk equal disaster

WASHINGTON, April 25, 2017 – For the better part of at least two years, I’ve more or less held my opinion and my pen in check when it comes to the absurd mythological and virtually fictional character of Elon Musk, tech god and miracle worker. That’s because all Musk has done in recent memory is promote… Read more

What to Know About Investing in the Internet of Things
This story originally appeared on The Motley Fool. The stock market today offers investors a plethora of compelling portfolio candidates to take advantage of the Internet of Things — that is, the trend of adding internet connectivity to everyday things in our lives — ranging from early-stage businesses to massive, well-established tech juggernauts. Let’s explore the… Read more