A view outside a Kohl’s store on July 16, 2020 in Miramar, Florida. Johnny Louis | Getty Images Check out the companies that make headlines around the clock: America’s Car-Mart – Shares of America’s Car-Mart jumped nearly 5% in expanded trading after the auto-financing company reported better-than-expected revenue. The company …
Read More »Traders choose the prize winners ahead of quarterly versions
It is the time of retail in the spotlight. Walmart, Home Depot, Kohl’s and Target are among the names reporting this week. This comes after July in retail sales recovered all pandemic losses from coronavirus. Delano Saporu, founder of New Street Advisors, said it makes sense to stay with the …
Read More »Empty apartments in Manhattan reach record highs, above 13,000
The number of vacant apartments for rent in Manhattan rose to its highest level in recent history, above 13,000, when residents fled the city and landlords struggled to find new tenants. The number of apartments for rent, as an inventory listing, has more than doubled than last year and set …
Read More »Here are five stock picks of securities that set up your portfolio for a pandemic recovery
If you really want to call yourself a counter investor, it’s time to take a closer look at what hasn’t worked so far this year: value stocks and dividend stocks. Value stocks have underperformed growth stocks (especially Tesla Inc. TSLA, -4.09% and the most popular tech names) amid the economic …
Read More »The Fed is buying some of the biggest companies’ bonds, raising questions as to why
A woman passes by the United States Federal Reserve Building in Washington DC on May 21, 2020. Ting Shen | Xinhua News Agency | fake pictures As the Federal Reserve deepens its purchases of corporate debt, it faces more questions about the consequences of its unprecedented market interventions. Disclosures released …
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