1 Wild Stat Since 1990 Is Ominous
The market is much like a pendulum, swinging back and forth, or more precisely up and down. With each dip, it finds the energy to power higher to break new highs. Until the buyers are exhausted that is, and then a correction follows.
Usually, it climbs up steps, slowly and methodically, but falls down the elevator shaft. » Read more about: 1 Wild Stat Since 1990 Is Ominous »
Read MoreARKK: 40% Annually For Next 5 Years?
What’s an ETF?
» Read more about: ARKK: 40% Annually For Next 5 Years? »
Read More1 Hot Stock Passes Super Stringent Screen
In the research rooms of investment management firms, returns on invested capital are keenly focused on. Buffett often speaks of this metric as a proxy for what return to expect over the long haul.
So, I decided to run a screen to find stocks with ROIC percentages north of 15%. That’s a high hurdle all by itself that most companies will fail to meet.
» Read more about: 1 Hot Stock Passes Super Stringent Screen »
Read MoreThe Ivy
4 Stocks Behind Bill Gates $45 Billion Portfolio
The Bill & Melinda Gates Foundation is a philanthropic powerhouse that lists among its accomplishments the total eradication of two types of polio virus, improving agricultural outcomes in impoverished countries and delivering health services to millions worldwide.
Making these initiatives possible is a $45 billion investment portfolio that generates the money needed to fund the foundation’s efforts.
» Read more about: 4 Stocks Behind Bill Gates $45 Billion Portfolio »
Read MoreThe Spotlight
Market Commentary: Forget Apple, Uncle Sam Pays More
Apple made a splash recently with its announcement that iPhone users who have an Apple Card are now eligible to earn up to 4.15% annually. The announcement came as a shot across the bow to the already fragile banking industry. After all, who is more trusted than Apple with its fortress balance sheet to hold your money in a safe place?
» Read more about: Market Commentary: Forget Apple, Uncle Sam Pays More »
Read MoreThe Daily
European Union weighs new sanctions on Russia to hit banks and oil trade
The European Union is exploring new sanctions on about half a dozen Russian banks and energy companies as part of its latest round of measures to pressure President Vladimir Putin to end the war against Ukraine.
The package, which would be the bloc’s 19th since Moscow’s full-scale invasion in 2022, could also see the EU target Russia’s payment and credit card systems and crypto exchanges as well as further restrictions on the country’s oil trade,
» Read more about: European Union weighs new sanctions on Russia to hit banks and oil trade »