Here’s an intra-day chart of the past few days. The gold line is the S&P 500 Low Vol ETF and the black line is the S&P 500 High Beta ETF. High Beta got slammed last Friday, and again today. Meanwhile,…
Good Retail Sales for July
This morning, we got a decent retail sales report. For July, retail sales rose by 0.5%. Expectations were for up 0.1%. The data for June was pared back to 0.2%. In the last year, retail sales are up by 6.4%.…
Animal Spirits Episode 42: Funding Secured
On this week’s Animal Spirits with Michael & Ben we discuss: Elon Musk and the prospects for Tesla actually going public. Was “funding secured” one of the best days ever on Twitter? Why are stock buybacks now the scapegoat for…
Morning News: August 15, 2018
How to Solve a Problem Like Elon? MoviePass Has Less Than Three Months Left Before It Runs Out of Cash — And Its Latest Changes Won’t Save It Sears CEO’s Hedge Fund Offers $400 Million for Kenmore Brand Y Combinator…
Some Thoughts on Investing in Real Estate
A reader asks: I’m a doctor and a lot of my colleagues are getting into real estate. There’s a group that invests in local deals in our area and all I have to do is write a check (no property…
Morning News: August 14, 2018
China-U.S. Trade Spat Is Just a Start to the Economic Cold War Brazil’s Farmers Dump Sugar for Soy as Trade War Boosts Chinese Demand Turkey’s Collapse Sinks Emerging Markets on ‘Manic Monday’ Why Turkey’s Lira Crisis Matters Outside Turkey Powell…
How Much Life Insurance Do You Need For Stay At Home Mom or Parent?
With the arrival of our second child, my wife and I have revisited how much life insurance we need. Then we had our third son, and she quit her job, so now we’re trying to determine the amount that we…
Zacks on Becton, Dickinson
From Zacks: What’s Favoring BD? BD is focused on overseas expansion, in particular, emerging markets. In the recently reported third quarter of fiscal 2018, BD delivered strong sales internationally, which totaled $1.94 billion, up 35.4% from the year-ago quarter and…
Ford Drops to New Low
Shares of Ford have gone nowhere for the past few years. This morning, the automaker’s stock dropped to a new low of $9.58 per share. The company pays a quarterly dividend of 15 cents per share. That’s 60 cents annualized,…
Morning News: August 13, 2018
Indian Rupee Hits Record Low, Central Bank Intervention Seen Turkey Takes First Steps to Bolster Banks Amid Lira’s Decline China Seeks Influence in Europe One Business Deal at a Time Trump Wields a Tariffs-and-Sanctions Hammer in Risky Strategy Google Woos…