Investing & Retiring

President Donald Trump‘s criticism of monetary policy won’t have much impact on how the Federal Reserve goes about its business, judging by initial market reaction. While making for more eye-popping headlines out of the Oval Office, the president’s complaints that rising interest rates are hampering economic progress did not move the fed funds futures market,
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Low costs are likely how JPMorgan hopes to attract assets into both BBJP and BBEU, which, as vanilla, market-cap weighted equity ETFs, look very similar to existing products. BBJP’s portfolio looks almost identical to the bigger, older EWJ, even though BBJP pulls from stocks listed on either the Tokyo and Nagoya Stock Exchanges, whereas EWJ
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Getty Images Workers pack and ship customer orders at the 750,000-square-foot Amazon fulfillment center in Romeoville, Illinois. Amazon shares will surge this year due to its expansion into new industries and countries, according to Deutsche Bank. The firm raised its price target to $2,200 from $1,800 for Amazon shares, representing 21 percent upside to Thursday’s
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Alphabet’s internet search and advertising businesses are thriving, according to Goldman Sachs. The firm raised its price target to $1,350 from $1,250 for Alphabet shares, representing 11 percent upside to Wednesday’s close. Goldman also reiterated its buy and conviction list rating for the company. “Our advertiser checks point to a solid 2Q, with particular strength
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Alex Roepers of Atlantic Investment Management recommended Huntsman Corp. as his best idea Wednesday during the Delivering Alpha conference. The Woodlands, Texas-based company is a manufacturer of differentiated organic chemical products and of inorganic chemical products. Shares jumped on his recommendation and were most recently up nearly 2.5 percent after rising 4 percent earlier. Roepers
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Purchase, New York-based Greenhaven invests with a three- to four-year time horizon and manages approximately $7.5 billion for wealthy families, university endowments and nonprofits. From 1988–2017, the average annual return of a Greenhaven portfolio had been roughly 19 percent (before fees). Wachenheim, who also founded the management company, argued that Citi’s success in its corporate
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Chris Brightman of Research Affiliates says a simple equal-weighted strategy can do even better when combined with regular rebalancing. Rebalancing is essentially trimming stocks that have outperformed and buying those that have underperformed given a historical tendency for prices to revert to an average. In essence, Brightman added, it’s betting against the current Wall Street
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The devices make it easier to shepherd traffic around networks. In developing its own, AWS could facilitate the shifting of traffic onto its services and away from customers’ on premises systems. However, networking vendors are well entrenched in large companies’ data centers, and Amazon could face significant sales challenges convincing customers to swap existing gear.
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Getty Images Facebook CEO Mark Zuckerberg speaks during the F8 Facebook Developers conference on May 1, 2018 in San Jose, California. Facebook’s market leading position in the advertising market is unmatched, according to Jefferies. The firm raised its price target to $240 from $215 for Facebook shares, predicting its second-quarter sales results will be above
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Check out which companies are making headlines before the bell: JPMorgan Chase – The bank earned $2.29 per share for the second quarter, beating forecasts by 7 cents a share. Revenue was also above forecasts, helped by what CEO Jamie Dimon called “open and active capital markets” that helped drive fee and markets revenue. Walt
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