Is China’s Economy Recovering from Trade War Shock?
Trump’s trade war has hit the Chinese economy. Some of the Chinese economic indicators show that the economy might have bottomed out.
Financials
American Airlines Cancels Boeing MAX Flights Until April
American Airlines has pushed back the grounding of Boeing’s 737 MAX planes until April 2020. Read about how this will affect AAL and other airlines.
JPMorgan Chase Stock: What Can Investors Expect?
Keefe Bruyette & Woods downgraded JPMorgan Chase stock to “market perform” from “outperform.” The firm increased the target price to $135 from $128.
Dow Jones Faces Several Litmus Tests Next Week
The Dow Jones Index (DIA) fell 0.6% last week but is still trading near its all-time highs. This week, we have several potentially market-moving events.
US Economy: Trump Was Right in 2019, maybe 2020?
President Trump often touts a strong US economy. He sees it as a result of his administration’s policies. However, observers are forecasting a recession.
Will the Dow Jones Keep Trading Strong as Trade Talks Stall?
Phase one trade deal continues to look uncertain. With better-than-expected jobs report, Dow Jones recovered later in the week.
Is Tim Draper ‘Crypto Crazy’ after Huge Bitcoin Prediction?
An early investor in Twitter and Tesla, billionaire venture capitalist Tim Draper expects to see Bitcoin reach $250,000 in 2022 or 2023.
Ray Dalio, the Role of Credit, and the Economic Machine
Credit is the most important part of the economy, leading to increased spending, increased income levels, higher GDP, and faster productivity growth.
Dow Jones Needed Santa, Got ‘Tariff Man’ Instead!
The Dow Jones Index has closed in the red for three consecutive days now. Last month, the index had its best month since June.
Raymond James Turns Bearish on Wells Fargo Stock
On December 2, Raymond James downgraded Wells Fargo to “underperform” from “market perform.” It expects revenue and margin headwinds to dent the stock.
Nvidia and AMD: Should Investors Buy or Sell?
The stock prices of chipmakers Advanced Micro Devices (AMD) and Nvidia (NVDA) have propelled by 18.17% and 6.76% in the last one month, respectively.
Dow Jones December Outlook: A Crash or Santa Rally?
We’re now into December. Based on last week’s closing prices, the Dow Jones Industrial Average Index has risen 20.2% in the year.
Dow Jones: November Was Its Best Month since June
This week, the Dow Jones Industrial Average Index (DJI) rose 1%. On a month-to-date basis, it has risen 3.8% and heading for the biggest gain since June.
Elizabeth Warren Targets WeWork’s Layoffs and CEO
Last week, CNBC said that WeWork (WE) is firing 2,400 people. Supposedly, this will “create a more efficient organization.”
Dow Jones: First Weekly Decline after All-Time Highs
Last week, the Dow Jones Industrial Average Index (DIA) fell 0.5% after four consecutive weeks of rises. It closed 0.8% below the all-time high.
Could Slowdown Talks Lead Us into a Recession in 2020?
Recession pundits have predicted an apocalypse several times in the last decade. The 2008 financial crisis still weighs down on some economists’ minds.
Get Real: Breaking Down and Bouncing Back
In this morning’s edition of Get Real, we saw that WeWork’s layoffs are taking a toll. Meanwhile, the cannabis industry could be bouncing back.
Get Real: Is Unrest Sweeping the Markets?
In today’s Get Real, we took a closer look at Uber’s trouble and an unexpected boost for Canopy Growth while markets react to more unrest.
Google’s Checking Account: How Will It Make Money?
Google intends to launch a checking account product next year in partnership with Citigroup. The banking market presents a huge opportunity for Google.
BB&T and SunTrust Get Regulatory Nod to Merge
BB&T Corporation (BBT) and SunTrust Banks (STI) announced on November 19 that they’d received the necessary regulatory nod for their merger.