Not according to James Altucher, a best-selling author and former hedge-fund manager, who says New York City is “dead forever” because its residents face the reality of the coronavirus pandemic and what it means. for the fate of the Great Apple. ‘I love NYC. When I first moved to NYC, …
Read More »Buy in Europe, where stocks have ‘become brutal’, says fund manager
Three things have led Systelligence CEO Kevin Miller to move money from his fund management company to European equities and away from U.S. equities: The decline in the dollar, the underperformance of European equities this year compared to the US, and expected volatility copy in the elections in November. The …
Read More »Stock market looks like ‘Wile E. Coyote,’ running down a cliff, ‘says expert
The S&P 500 index is crawling to the brink of a rare barrage, and persistent uncertainties created by the COVID-19 pandemic in its rise. Although the most important benchmark of the stock in the world is likely to have climbed to a record, the rally has been postponed by the …
Read More »Weekends Read: After Tesla and Apple come more stock splits and they can help you make money
When companies’ share prices move very high, some consider sharing the shares so that the lower prices will attract more investors. This can be a positive for long-term equity performance. Tesla Inc. TSLA, + 1.83% will split its stock 5-for-1 on August 31 and Apple Inc. AAPL, -0.08% will complete …
Read More »News updates: McKesson Stock jumps after Trump says company would spread Coronavirus vaccine
(Photo by Joe Raedle / Getty Images) Getty Images Text size Here’s what you need to know about the impact of Covid-19 to navigate the markets today. • President Donald Trump said Friday that McKesson would work with the U.S. government to spread a coronavirus vaccine if one is approved. …
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