Wall Street’s lemmings keep getting it wrong about solar power. First, solar was dismissed as the pipe dream of tree-hugging hippies. Now, solar stocks are getting clobbered under the assumption that the new Trump administration will favor fossil fuels at the expense of clean energy.If you believe any of that… Read More
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I won’t rehash the Brexit-style surprise Americans unleashed on the world last week. The S&P futures Wednesday plunged 5% to their overnight limit before recovering to slide across the finish line with a 2% gain on the day. Portfolios were juggled frantically as investors swapped out of technology and into… Read More
The universe is behaving strangely. First the Chicago Cubs won the World Series and then Donald Trump won the presidency. The karmic wheel also took an unexpected turn for billionaire Warren Buffett.Buffett’s preferred presidential candidate Hillary Clinton lost, a shock for the Oracle of Omaha who during the campaign made… Read More
New technology is notoriously buggy, sometimes spawning new businesses. Read More
Here’s the real lesson for investors about Donald Trump’s victory. Read More
The U.S. has already made great strides toward generating cleaner energy, and that’s likely to continue. Read More
The stock market’s reaction to Donald Trump’s upset victory has been calmer than expected. But while the broad indices haven’t freaked out, certain sectors of the market have seen big movements.We’ve talked about big moves among pharmaceutical and hospital stocks, as well as in the technology sector. Shares… Read More
The market should pay more attention to the one Trump proposal that’s most likely to be implemented. Read More
The first time I voted in a U.S. presidential election was 1980, as a 21-year-old college senior. The choice then, as now, was between a conservative who earned his fame in the entertainment industry versus a dyed-in-the-wool liberal that previously occupied a governor’s mansion in the South. As we all know,… Read More
With stocks rallying and the Obama-to-Trump transition going smoothly so far, the initial worries about a Trump election causing market turmoil haven’t materialized.Meanwhile, investors are making guesses about the impact Trump would have on various industries and stocks.As we mentioned yesterday, pharma and biotech stocks are rallying. But technology stocks… Read More
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