Canada’s Plan for a Trade War: Pain for Red States and Trump Allies
Orange juice from Florida. Whiskey from Tennessee. Peanut butter from Kentucky.
Canada is preparing for an all-out trade war with its closest ally and one of its top trading partners, and the list of American goods that could be affected is long.
Canadian officials are preparing a three-stage plan of retaliatory tariffs and other trade restrictions against the United States,
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Read MoreJensen Huang Says AI Is Progressing at an “Incredible Pace.” Where Will Nvidia Stock Be in 1 Year?
Why passive investing is best for almost everyone saving for retirement
Investing in market-tracking index mutual funds, known as passive investing, gets brandished as boring.
But the truth is in the returns: Index funds routinely clobber funds actively managed by professional stock pickers.
Last year was no exception, according to a new BofA Global Research report. Funds run by the pros had a heck of a time beating the returns of passive indexes that track US large-cap equities.
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Read MoreTrump’s economic plans could cause US inflation
Donald Trump’s economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.
Trump’s proposals to hike tariffs and curtail immigration would likely constrain the supply side of the economy and push up prices, Gourinchas said in an interview.
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Read MoreWarren Buffett Owns 6 Dow Jones Stocks. Here's the Best of the Bunch for Income Investors to Buy Right Now.
Warren Buffett primarily buys large-cap stocks for Berkshire Hathaway‘s portfolio. That makes sense because Berkshire has so much money to deploy that smaller companies simply don’t move the needle enough for the giant conglomerate.
Because of this focus on large-cap stocks, you probably won’t be surprised that Buffett owns six stocks that are members of the Dow Jones Industrial Average (^DJI 0.78%).
The Burst
Why Did NVIDIA Invest In Little-Known AI Stock?
For nearly two years, the stock market has been steadily bidding up companies like NVIDIA and Microsoft that have emerged as front-runners in the AI race. In addition to these mega-cap companies, though, there are also many smaller companies trying to fill niche spaces in the AI market.
One such company is Nebius Group (NASDAQ:NBIS),
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Read MoreThe Ivy
Is The Santa Claus Rally Real?
Every seasoned trader has heard the phrase “Santa Claus Rally,” but very few understand precisely why it happens. Is it random or is there something structural under the surface that repeats like clockwork each year?
Beyond the whimsical idea of holiday cheer spilling over into the markets, there are structural and behavioral dynamics at play that make the final weeks of the year particularly conducive to market gains.
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Read MoreThe Spotlight
Champion Trader Spots Hidden Giant Enterprise Software Market
When a champion trader who generated 941.1% returns in 2020 spotlights a stock in an uptrend, it’s worth paying attention.
That’s precisely what happened when Oliver Kell shed light on ServiceNow (NYSE: NOW), a company that continues to dominate the enterprise cloud computing industry by automating and managing digital workflows.
In addition to the technical chart looking good,
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