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Investing, Stocks

“Coronavirus fears could trigger a 10% to 20% selloff in the stock market: strategist”

“The economic wildcard that has become the coronavirus may not yet be done wreaking havoc on global stock markets. In fact, things could get much worse before they get better. “In a worst-case scenario, global equities could fall by as much as… Continue Reading…

Stocks

“5 Top Dividend Stocks Investors Should Never Sell”

“Dividend stocks might lack the pizzazz of high-growth stocks and appear boring on the surface, but they’re a model of consistency. Income stocks are almost always profitable, they typically have time-tested business models, and they’re the real key to compounding investor… Continue Reading…

Stocks

“Selling software service stocks on trade worries is a ‘big mistake,’ Jim Cramer says”

“Don’t give up on the entire technology sector of the market, according to CNBC’s Jim Cramer. The “Mad Money” host advised that selling off would be a poor miscalculation, urging investors to “ask yourself what you’re selling.” “If you’re dumping an ETF, be… Continue Reading…

Cryptocurrencies, Economy, Investing

“Cubans Are Turning to Bitcoin to Access Global Economy: Report”

“Bitcoin (BTC) trading is opening new avenues for citizens in Communist-run Cuba, which has been financially isolated for years under a United States trade embargo. A Sept. 12 report from U.S. News claims that with the recent advent of mobile internet in the… Continue Reading…

Economy, Stocks

Stock: “Insiders are selling stock like it’s 2007”

“The leaders of Corporate America are cashing in their chips as doubts grow about the sustainability of the longest bull market in American history. Corporate insiders have sold an average of $600 million of stock per day in August, according to TrimTabs… Continue Reading…

Banking, Economy

“Germany for First Time Sells 30-Year Bonds Offering Negative Yields”

“Germany sold 30-year debt at a negative yield for the first time, as investors desperate for safe assets bet that further falls in yields will boost the value of the bonds in the future…” https://www.wsj.com/articles/germany-for-first-time-sells-30-year-bonds-offering-negative-yields-11566385847

Real Estate

Real Estate: “America’s Priciest Listing Sells at Foreclosure Auction”

“Once listed for $1 billion, a 157-acre parcel of land in Beverly Hills known as the Mountain has sold at a foreclosure auction to its lender for just $100,000.” https://www.wsj.com/articles/americas-priciest-listing-sells-at-foreclosure-auction-11566326719 This is a prime example of how the wealthy make… Continue Reading…

Economy, Real Estate, Stocks

“The superrich are selling stocks, buying properties and keeping cash ready”

“In the first quarter, Tiger 21, a coalition of 750 members worth in excess of $75 billion, raised cash to levels not seen since 2013. Not much changed in the second quarter in terms of keeping powder dry. The group’s… Continue Reading…

Economy, Stocks

“Nomura: A second market sell-off could be ‘Lehman-like’”

“Investors shouldn’t take much solace from Tuesday morning’s rebound, says Nomura. The firm is warning the next sell-off could resemble a crisis-level plunge like the one that followed Lehman Brothers’ collapse. This view is much more catastrophic than the rest… Continue Reading…