by Dorian Holden | Aug 23, 2019 | Markets
Here we go again. Any hopes for a trade war resolution may have just faded. In fact, just this morning, China announced plans to raise tariffs on more U.S. imports. “New tariff rates will apply to about $75 billion worth of US...
by Dorian Holden | Aug 22, 2019 | Markets
The CEO of Overstock.com resigned today – days just after saying he was in a relationship with a Russian spy, and deeply involved in an FBI probe into Hillary Clinton. You may remember that earlier this month, the company posted a press release in response...
by Jamie Johnson | Aug 22, 2019 | Markets
Tesla is best known for producing electric cars but many people don’t realize that the company also owns a solar panel manufacturing company. This week, Tesla’s solar business hit a major snag after Walmart filed suit against the company. According to a recent court...
by Dorian Holden | Aug 22, 2019 | Markets
All eyes are on Jackson Hole today through Saturday. Amid a great deal of trade tensions, the threat of a currency war, and slower economic growth, central bankers are converging. This one is a big deal as we wait for hints from Fed boss Jerome Powell on the...
by Jamie Johnson | Aug 21, 2019 | Markets
The company’s fiscal fourth-quarter earnings report exceeded expectations across all levels. The ongoing trade war has taken many U.S. companies hostage and left them vulnerable to tariffs and falling sales. So it’s refreshing to see companies like Estee Lauder...
by Dorian Holden | Aug 21, 2019 | Markets
Apparently, no one gave U.S. consumers the message the economy is slowing. Even with fears of a recession blaring in the headlines, they continue to spend. So much so, retail sales in July 2019 were up 0.7% month over month. Excluding autos, retail sales were up...
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