Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters A truce between the U.S. and China has convinced Barclays that a market “mini bubble” is looming. With the G-20 outcome fueling optimism for an eventual trade deal, the stage is almost set for a market “melt-up” as Barclays now
Ten years into the recovery, the economy’s ability to create new jobs may be slowing both because the U.S. is running out of workers, and also because the trade war may be worrying employers. Economists expect to see 165,000 jobs were added in June, after a stunningly low 75,000 payrolls added in May, according to
The U.S. Federal Reserve building in Washington, D.C. Adam Jeffery | CNBC The market and the Federal Reserve are currently far apart when it comes to expectations of where rates are headed. Two candidates who President Donald Trump said he is going to nominate to the central bank could bring them closer together. In a
Traders Gregory Rowe (R) and Peter Tuchman work on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell, June 21, 2019 in New York City. Drew Angerer | Getty Images With the S&P 500 up more than 19% already this year, investors are scrambling to find the next big winners. According
Wondering what to spend your fatter paycheck on? The right answer is you. The best thing you can do for yourself is to learn how to make your money work for you. Otherwise, you give in to the siren call of unplanned spending, aka lifestyle creep. That’s spending more simply because you have more, a
Consumers looking for a new car might find themselves in the driver’s seat when negotiating during the industry’s annual July 4th sales push. With prices continuing to climb and competition from millions of leased cars returning to the market this year, slowing demand for new autos has resulted in dealerships eager to unload inventory. “Dealers
Believe it or not, we now have the best window to buy dividend stocks that we’ve had in decades. Two proven 100%-return indicators just flipped to “green.” The conditions we’re about to see are rocket fuel for companies growing their dividends like weeds. As usual, we’re going to zig while like-minded money managers (you know,
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S. Photographer: Michael Nagle/Bloomberg © 2019 Bloomberg Finance LP With the U.S. Treasury 10-year yield close to 2% and many other government bonds in Europe and Japan yielding negative rates. Does it still make sense to hold bonds in a
Tax whistleblowers had good news the other day with the Taxpayer First Act of 2019 (Public Law 116-25) being signed into law by President Trump – including anti-retaliation protections for tax whistleblowers as well as requiring improved communication between the IRS and whistleblowers. Thanks to the Chairman of the Senate Finance Committee Charles Grassley (R-IA)
Getty Today, there will be lots of fireworks, parades, speeches, and hot dog eating contests to celebrate Independence Day. The day is often believed to be the day we officially gained our independence from Great Britain. But it’s a little more complicated than that: Independence Day wasn’t the end of the road to independence, it was