Month: July 2018

Traders work on the floor of the New York Stock Exchange (NYSE)  in New York City. Photo:  Spencer Platt/Getty Images Exchange Traded Fund (ETFs) can be a great way to manage your portfolio, but you have so many choices now, so which are the best ETFs to use? This question is not as straightforward as it seems.
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Check out the companies making headlines before the bell: Travelers – The insurance company posted quarterly profit of $1.81 per share, well below the consensus estimate of $2.42 a share. Revenue was above forecasts, but the results were heavily impact by significant catastrophe losses, much of it weather-related. IBM – IBM reported adjusted quarterly profit
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Economists are predicting that the next recession will occur in or around 2020, as the Fed increases interest rates to tamp down an overheated economy, and the U.S. engages in a series of trade wars. Notably, the Trump Administration has more control of trade policy than the degree to which the economy overheats. So why
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The modest reaction to Netflix’s subscriber miss (down 5 percent) tells you something: The long-awaited break in FAANG names is not imminent. More importantly, it demonstrates that investors, even momentum investors, do not expect growth expectations to change too much, even with other FAANG stocks. Amazon, Facebook and Alphabet all hit historic highs yesterday. But
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Check out the companies making headlines before the bell: Morgan Stanley – Morgan Stanley reported second quarter profit of $1.30 per share, beating the consensus estimate of $1.11 a share. Revenue beat forecasts, as Morgan Stanley reported strong investment banking and wealth-management results. Morgan Stanley also raised its quarterly dividend to 30 cents per share
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(AP Photo/Tony Dejak, File) Does this recent tweet below from the National Association of Realtors seem at all believable to you? Selling Your Home Solo to Save Money? You’ll Actually Make Less Than You Think (from @NAR_Research‘s Economists’ Outlook blog): https://t.co/hWHUfPnf9I pic.twitter.com/kid0OCz8RH — REALTORS® (@nardotrealtor) July 15, 2018 FSBO FSBO (pronounced, “fizbo”) is real estate agent
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Airbnb’s policy and public affairs head Chris Lehane launched into an impassioned diatribe on Tuesday that condemned the “bellhop politics” he said are motivating New York City’s resistance to Airbnb. “Members of city council are nothing more than bellhops for the big hotel corporations. And it’s no surprise this type of bellhop politics has produced
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John Traynor, chief investment officer at People’s United Advisors, said investors should watch two major events in 2018: midterm elections and simmering global trade tensions. “We think the earnings growth is very strong, we think the economy is very strong, but you’re being buffeted by those two trends, and they will impact the second half
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The latest attempt to create a cryptocurrency pegged to the U.S. dollar, or “stablecoin,” combines 21st-century technology with an invention from the Great Depression. Announced Tuesday, a startup called Stronghold is launching USD Anchor, which will run on the rails of the Stellar blockchain and use its consensus mechanism to verify transactions. The token will be backed
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Retirement planning can be extremely complex. I often describe it as trying to hit a moving target in the wind. The target is moving because an individual does not know with any certainty the exact date retirement will begin or the duration of the retirement period. This means there is no way an individual can
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It’s the most stylish furniture you can’t buy (until your subscription is up).Fernish On July 15th, furniture subscription startup Fernish officially launched their collaboration with Crate & Barrel. This is the first time any Crate & Barrel product has been available for rent. The partnership also launches the company, which is less than two years old, to a
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