Oil prices could hit $200 per barrel if the war in Iran persists through the end of June, according to strategists from Macquarie Group.
If the war were to stretch well into the summer, the strategists wrote in a client note on Wednesday, prices would need to move high enough to “destroy an historically large amount of global oil demand,”
iShares Core MSCI EAFE ETF (IEFA 0.46%) and iShares MSCI Emerging Markets ETF (EEM 0.40%) differ sharply in cost, yield, sector exposure, and recent returns, reflecting their distinct focuses on developed versus emerging markets.
» Read more about: International ETFs: EEM and IEFA Offer Distinct Global ETF Choices »
US stock futures were trading slightly in the red during Friday’s session, March 27, even as US President Donald Trump extended the deadline for a potential attack on Iran’s energy infrastructure by another 10 days.
The move failed to calm markets and instead led to a sharp rebound in crude oil prices.
Analysts at Wedbush just reiterated an outperform rating on Apple (NASDAQ: AAPL | AAPL Price Prediction), noting that the company “has represented a cornerstone franchise within the tech landscape portraying a new way for humans and technology to interact while keeping personal data private and becoming the conglomerate most-tied to everyday lifestyles,” as quoted by CNBC.
» Read more about: US Economy Under Pressure as Iran War Impacts Stocks, Oil, Gas »
CNBC’s Rick Santelli joins ‘Fast Money’
» Read more about: Is a Federal Reserve rate hike on the horizon? »
As I see it, “diversification” has become a casualty of the indexing age. But that hasn’t stopped investors from pursuing it. I’ve sat quietly for a while, not really pressing my case. But that’s over. Here it is, an obituary of sorts for portfolio diversification.
If you own the five biggest tech-focused ETFs — QQQ,
» Read more about: Warning: Investing in Tech Stocks May Just Be 1 Big, Overcrowded Trade »
Barbara Corcoran was an extremely successful real estate investor before co-starring on the show “Shark Tank.” She’s grown her net worth to over $100 million in the years since. So when she offers investing advice, people tend to listen.
Trending Now: How To Respectfully Say ‘No’ If a Friend Asks To Borrow Money
Try This: Start Growing Your Net Worth With Smarter Tracking
With that in mind,
» Read more about: 10 Top Investing Tips From Barbara Corcoran To Help You Get Rich »
The Iran war is starting to hit the homefront.
Home mortgage rates have risen 60 basis points since the U.S. began its bombing campaign against Iran one month ago, with the average interest rate on the 30-year fixed loan jumping from 5.99 percent on Feb. 28 to nearly 6.5 percent today,
» Read more about: Home Mortgage Rates Rise to Seven Month High, Refinancing Drops Since Iran War »
The root of the issue threatening Social Security’s solvency is an aging population and lower birth rate. Today’s seniors are living longer, while fewer Americans are having children who enter the workforce and pay taxes to finance the system. That imbalance has been building for decades.
» Read more about: Will Congress finally do something about looming Social Security shortfall? »
