Yesterday's market selloff was about Trump, true or false? The answer: True and false. Allow me to explain. To anyone who is not blinded by ideology or unrealistically optimistic risk assets (including equities and high yield bonds) were … [Read more...]
Capital Markets Fall in Love With Strong Manufacturing Data
Yesterday, the equity market surged higher and UST yields increased due to pro-growth policy comments, by President Trump and strong economic data. We discussed President Trump, yesterday. My view is that markets were cheered not by what Mr. Trump … [Read more...]
Boeing Co (BA) Reaches Historic $25 Billion Deal With Iran
Boeing Co finalized a historic deal with Iran to sell new passenger planes to modernize the country’s outdated fleet, The New York Times reported. Details of the deal will be released in the coming days. Iran needs at least 400 new planes in coming … [Read more...]
Should Boeing Co (BA) Worry About New Russian Passenger Plane?
To create problems for Boeing Co. and Airbus Group SE in the commercial airline sector, Russian firm Irkut Corp. launched a new medium-range passenger aircraft. The plane, called MC-21, was hailed by state media as superior to western-made … [Read more...]
Boeing Co (BA): Iran Could Send Stock Soaring To New Heights
It appears as though Boeing Co is likely to derive a massive surge from its Iranian counterpart. Sources report that the aircraft giant is currently working out the details of a deal with Iran Air. After nearly 30 years of sanctions, dealing with … [Read more...]
Alphabet Inc.’s (GOOG) Google European Regulatory Woes Not Over
Alphabet Inc. executives must have popped up champagne when the British tax authorities slapped Google with a light £140m ($185m) in back taxes. As they celebrated, British lawmakers united to condemn the deal, lending a political angle to the … [Read more...]
Why Alphabet Inc.’s (GOOG) Nest May Find Markets Difficult
Alphabet Inc.’s smart-home products subsidiary Nest has a lot of work cut out for it as it seeks to rebuild its shattered customer perception. This follows its decision to disable a range of old products, sparking a chorus of condemnation from … [Read more...]
A 5-Stock Starter Portfolio For Dividend Growth
The term “blue chip” stock is almost a century old, with an origin dating back just prior to 1929’s crash, and related to the highest priced poker chip. Though I don’t think you hear the phrase today as much as you did several decades ago, investors … [Read more...]
Alphabet Inc.’s (NASDAQ:GOOG) Google Report Means You Won’t Have That Self-Driving Car Soon
Alphabet Inc.’s Google has constantly assured autonomous car enthusiasts that the first such car that is ready for mass market will roll out of the production line in 2020. But it appears that promise is far-fetched. Google The Mountain View, … [Read more...]
Apple Inc. (NASDAQ:AAPL) Opposed by San Bernardino Survivors in Encryption Case
Apple Inc. has based its defense opposing a court order compelling it to hack an iPhone belonging to one of the shooters in the San Bernardino shootings on free speech rights and a desire to protect its customers’ privacy. Apparently not everyone … [Read more...]