President Trump’s latest Twitter escapade against the Fed calls for negative interest rates to jump-start the slowing economy. But the prospect of using a monetary tool usually reserved for deeply-troubled economies has many strategists on Wall Street seriously worried.Butcher Joseph Asset Management
In his new book “Super Pumped: The Battle for Uber,” New York Times technology correspondent Mike Isaac gives a glimpse into Uber’s rapid rise in Silicon Valley and its consequent struggle to stay dominant in the wake of its recent IPO.
Now more than a year into the U.S.-China trade war, American consumers have so far been largely shielded from the negative impact of tariffs. But one major Wall Street investment bank says that’s all about to change and it has the data to prove it.“I think you're starting to see the pain,” Bank of
Loup Ventures Managing Partner Gene Munster says he doesn’t expect tariffs on Apple products despite Wall Street’s widespread speculation that the tech giant will be among the companies hurt by the U.S.-China trade war.“This is a critical misunderstanding. Ultimately, Apple products really don't
A year after Tilray made history by becoming the first cannabis company to debut on a major U.S. stock exchange, one prominent value investor is doing a victory dance - because he nailed his call on a stock that’s taken investors on a wild roller coaster ride.Whitney Tilson was on Yahoo Finance’s The
But best-selling financial author and long-term Wall Street insider William Cohan says low interest rates are a recipe for disaster that could lead to the next financial crisis.
Shares of digital streaming-media player maker Roku tumbled nearly 4% in early Tuesday trading before rebounding higher following a downgrade from one of Wall Street’s most prominent coverage analysts.RBC Capital Markets analyst Mark Mahaney downgraded the stock to Sector Perform from Outperform because
For those of you looking to settle a debate about what matters most to markets - fed policy or trade policy - one prominent Wall Street veteran says it’s not even a contest.“It’s so depressing to watch the world of mainstream economic punditry to try to blame its epic 2019 forecasting failures on trade
With Tesla (TSLA) shares running out of gas in recent months, one shareholder says he’s never been more bullish on the company and its CEO Elon Musk.HyperChange CEO Galileo Russell is scooping up as many shares as he can with all of his available capital because - unlike some of the skeptics in this
With lackluster May jobs report fueling the odds of an easier monetary policy by the Federal Reserve, one top economist is slamming the brakes on a rate cut.According to Neil Dutta, Head of Economics at Renaissance Macro, June/July timeframe still feels a little too soon for a rate cut.