Stocks continue their decline. Major indicies are down again today and will finish in the red. As of 1:50 PM the S&P 500 is just .01{b3df30ef46327c92536c9d4cc87cf2f525bd3d5ea719227c874c7a308e531779} from a 10{b3df30ef46327c92536c9d4cc87cf2f525bd3d5ea719227c874c7a308e531779} decline year-to-date. The S&P 500 is at 1,838 today. The next major stop is 1,800 which is too close for comfort for…
By Andrew MacAskill LONDON (Reuters) – Britain's financial industry could lose up to 38 billion pounds ($48.34 billion) in revenue in a so-called 'hard Brexit' that would leave it with restricted access to the European Union's single market, according to a report commissioned by an industry group. If …
Texas businessman William J. Sandbrook says he’s “bullish” on President-elect Donald Trump’s call for $1 trillion in new infrastructure spending and a massive tax cut for wealthy Americans and businesses — and for good reason. As the president and CEO of U.S. Concrete Inc., a $1.1 billion-a-year …
Long-term U.S. mortgage rates edged lower this week. As rates remain at historically low levels, homeowners taking advantage of the chance to refinance their mortgages have pushed up refinancing activity. …
The financial gurus are always looking for a new “alternative” asset class that both reduces the risk in your portfolio and increases returns. Longboard Funds looked at data from the past 15 years and examined what happened when you added 20{b3df30ef46327c92536c9d4cc87cf2f525bd3d5ea719227c874c7a308e531779} of various asset classes to a traditional 60/40 stock/bond …