Wall Street covets tax cuts; it’s about to get its wish. Markets rose on Monday as tax overhaul seemed assured. But worries about the world’s second-largest economy intruded on the party. Read More
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China is doing better than the West thinks. A recent study by Bloomberg concludes that Chinese corporate debt relative to EBITDA is much lower than in the U.S. Another study concludes that China may significantly understate its GDP growth. Read More
The GOP tax bill sustains blow after blow. Like a deathless creature. On Friday, it staggered forward again. So did the markets. Read More
I genuinely believe each one of these things is likely to happen within the next twelve months. Of course, I could very well end up in the same camp as all those chastened political pollsters, unable to explain exactly where my reasoning went amiss. Read More
Markets fell Thursday. Wall Street awaits the next big catalyst, which will come next week when Congress votes on tax overhaul. But suddenly, passage is not assured. Read More
Selling options can be profitable even if you guess wrong on market direction. That definitely beats betting on the roulette wheel in Vegas. Be the house, not the gambler. Read More
Republican Roy Moore lost in Alabama, but investors feel like winners on tax overhaul and interest rates. Stocks generally moved higher on Wednesday. Read More
Corporate stock buybacks, mergers, and a limp IPO market are working together to boost stock prices. Find out how these mechanics send the forces of supply and demand out of balance and what it means for your portfolio. Read More
The Fed is about to hike rates, a sign that economic growth is robust. The best performing sector on Tuesday was health services, as industry consolidation gains speed. Read More
Stocks rose Monday as the cryptocurrency’s rise fed animal spirits. But is Bitcoin the new tulipmania? Read More
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