Before the coronavirus struck, 3 billion trips were estimated to take place during the 16-day Chinese New Year celebration, while some 79 million passengers were expected to take flights.
New Beginnings With the Year of the Rat Read More »
Aside from its breathtaking mountains, world-famous chocolate and wartime neutrality, Switzerland is perhaps best known for its commitment to financial privacy. Banking secrecy became law in 1934, making it a crime for Swiss banks to disclose accountholder information of any kind to third parties.
One of the biggest concerns some investors might have right now is that the U.S. business cycle is maturing and possibly reaching its “natural end.”
“Buy-and-Hold” Has Historically Been a Winning Investment Strategy Read More »
For the third straight year, and for the fourth time in six years, palladium was the top-performing commodity.
Dollar Weakness Could Be the Catalyst Commodities Are Looking For Read More »
The U.S. manufacturing sector contracted for the fifth straight month in December, with the monthly reading from the Institute for Supply Management (ISM) hitting its weakest point in more than 10 years. The purchasing manager’s index (PMI) fell to 47.2, a level we haven’t seen since June 2009, as global trade tensions continued to take a toll on the country’s manufacturers.
Tariffs Are Having a Bigger Effect on U.S. Manufacturing Than Initially Thought Read More »
In 1967, a woman then known as Svetlana Alliuyeva arrived by plane in New York. Moments after landing, she held a press conference during which she renounced her native Soviet Russia, describing it as “profoundly corrupt.”
America Remains the Land of Opportunity. For Everything Else, There’s Gold Read More »
According to the Chinese Zodiac Calendar, 2019 was the Year of the Pig. Investors and traders, I believe, will likely also remember it as the year of the bull. Every asset type, it seems—from large-caps to small-caps, from foreign to domestic, from gold to oil—finished not just up for the year, but up.
5 of the Biggest Financial Stories From 2019 Read More »
Imagine you wake up tomorrow from a three and a half-year coma. Everything that’s happened in the meantime—the election of Donald Trump, impeachment, Brexit and more—is a complete mystery to you.
The U.K. Just Said No to EU Socialism. Will U.S. Voters Do the Same in 2020? Read More »
It was the best of times, it was the worst of times—for American trucking companies.
This year alone, nearly 800 U.S.-based trucking companies have gone bankrupt. That’s almost three times the rate as in 2018, when things were looking remarkably positive.
Here’s What the Trucking Industry Could Learn From Airlines Read More »
In his letter to Berkshire Hathaway shareholders for fiscal year 2001, Warren Buffett made one of his now-famous pronouncements: “Predicting rain doesn’t count, building an ark does.”
Expecting a Market Downturn? Make Sure You’re Following the “Noah Rule” Read More »
