The municipal bond market is reaching a tipping point. E-trading is going to push it over.
When I started in this business back when dinosaurs roamed the earth, all you needed to trade bonds was a phone, the Pink Sheets and a Monroe-Trader bond calculator. For those of you already lost, the Pink Sheets were booklets, printed on pink paper....More>>>
Last week, Bloomberg New Energy Finance (BNEF) released its latest long-term forecast for the electric vehicle (EV) marketplace. The analysts are forecasting that sales of light-duty vehicles (passenger cars, pickups, and SUV/crossovers) will rise from around 1% in 2016 to 54% of all vehicle sales by 2040. By that time, one-third of the entire global fleet will be electrified.
Just a couple weeks ago, 13F filings started flowing in, and Berkshire Hathaway’s (NYSE:BRK-A) (NYSE:BRK-B) ownership disclosures showed that Warren Buffett nearly quadrupled his Apple (NASDAQ:AAPL) position in the fourth quarter. The Oracle of Omaha closed out 2016 with approximately 57.4 million shares, up from the 15.2 million shares that Berkshire Hathaway was holding at the end of the....More>>>
Precious metals are making a move… Gold and silver both bottomed the day after the U.S. Federal Open Market Committee raised rates in mid-December. And they've climbed higher ever since… This week, both metals hit three-month highs. Gold traded as high as $1,264 per ounce and silver traded up to $18.48 per ounce. And as I'll explain in today's essay,....More>>>
Big banks kick off earnings season Friday, and many analysts expect robust results after a post-election stock-trading frenzy that may have provided stronger revenue.
Lined up for tomorrow are Bank of America Corp(NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM), and Wells Fargo & Co (NYSE: WFC), and there’s plenty of enthusiasm going into the results. The financial sector overall....More>>>
Even amidst slowing growth, Twitter is having to refund advertisers owing to an ad-metric error. Should you sell out of TWTR stock? Or should you buy the dip? Flickr
Not long after Facebook (NSDQ:FB)reported a spate of miscalculations in key metrics, Twitter (NYSE:TWTR) seems to have caught the ‘bug’. Late on 22nd December, Twitter announced that it had discovered technical....More>>>
DENVER Santa is stuffing stockings with a little extra green this holiday season: marijuana.
Pot shops are reporting the average purchase is up 21% in the week before Christmas, according to the marijuana-software firm Baker, which runs store customer-service systems. The most popular items: marijuana-infused edibles like brownies or cookies.
Also near the top of the list are vaporizers,....More>>>
After six years and more than $1.5 million of my firm's money, I've figured out the signal. I know how it works. And I know how to profit from it. Today, I want to share it with you. I'm certain that once you try it, it will change the way you think about investing forever. Some folks around the office have dubbed my version of the signal the "Nordic Cross."....More>>>
When Chrismukkah burst onto the holiday scene in the mid-2000s, a USA TODAY writer introduced it as the newest faux holiday that companies are using to make a buck this season.
A decade later, its still going strong as those who grew up among both holidays have embraced the pop-culture portmanteau. But with Christmas and Hanukkah coinciding for the first time since 2005, the fake holiday....More>>>
Federal estate taxes are no longer a problem for all but the extremely wealthy. In 2016, as much as $5.45 million in assets is exempt from federal estate taxesdouble that for a married couple; in 2017, it will rise to $5.49 million.
However, state estate taxes, which kick in for estates valued at only $1.5 million or less in several states, could take a big bite out of your legacy. Your home....More>>>
Gundlach Sounds Fed Alarm, Warns of Selloff Near Inauguration Day
Under DOL Rule, Are IRA Rollovers Worth Advisors Time?
6 Economic Predictions for 2017: SIFMA
Most experienced investors in a recent survey said they were satisfied with their investment management in a year marked by significant volatility and major market events, E-Trade Financial reported Friday.
So far this year, tech stocks have been the most stellar performers. The Nasdaq Composite has gained 14%, besting both the S&P 500 Index and Dow Jones Industrial Average. And that number comes despite a recent reversal: The Nasdaq hit an all-time high last Friday, then posted i
A quick caveat - JD.com (NASDAQ:JD) is the largest e-commerce retail platform in China, as measured by net revenues. Alibaba Group Holding (NYSE:BABA) is the largest e-commerce retail platform in China, as measured by gross merchandise vol
Welcome to another installment of "3 Things in Biotech You Should Learn Today." In this episode, we're going to consider the news of a few "out there" technologies, namely CRISPR gene editing and tumor-treating fields. Then, we'll come back to something a little closer to conventional.