Market Crash: The Financial Stocks I'd Buy Without Hesitation
Key Points
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Berkshire Hathaway’s cash stockpile has surged to $397 billion.
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JPMorgan Chase continues to post stellar growth and has significant cash reserves, positioning it well for potential market downturns.
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BlackRock boasts nearly $14 trillion in assets under management and is well positioned to grow alongside growing financial markets.
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Read MoreNvidia Is Still a Top Buy in the Stock Market. Here's Why.
Key Points
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Nvidia’s clients are starting to announce their 2027 capital expenditure plans.
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The chipmaker’s stock doesn’t look terribly expensive from a forward earnings perspective.
Given that it’s already the world’s largest company, it’s natural to wonder how much larger Nvidia (NASDAQ: NVDA) can get.
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Read MoreJerome H. Powell steps down as Federal Reserve chair after eight years
Jerome H. Powell is stepping down as chair of the Federal Reserve, closing out an eight-year tenure that spanned a pandemic, historic inflation, and aggressive rate hikes. He’s not leaving the building entirely, though. Powell announced he will stay on the Federal Reserve’s Board of Governors after relinquishing the chair.
The tenure that shaped modern monetary policy
Powell took the chair on February 5,
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Read MoreUS-China Trade Issues Still Up In The Air After Trump's Visit
KEY TAKEAWAYS
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President Donald Trump’s visit to China ended without a major trade deal, but also avoided any escalations.
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China committed to purchasing U.S. goods, including oil, soybeans, and Boeing airplanes, and proposed investment and trade boards.
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The trade war truce is set to expire in October,
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Read MoreDollar at six-week high on rate-hike bets, Iran war uncertainty
By Ankur Banerjee
SINGAPORE, May 20 (Reuters) – The U.S. dollar was steady near a six-week high on Wednesday as investors come to terms with the possible need for higher interest rates to tackle inflation due to the Iran war, pushing the Japanese yen back into the intervention zone.
The uncertainty over when the Middle East war may end has weighed on sentiment,
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Read MoreThe Burst
How a 2nd Trump Presidency Will Affect Markets?
A second Trump presidency may have broad-reaching implications for the stock market, influenced by a mix of tax and economic strategies as well as geopolitical implications.
In his first-term, Trump oversaw significant corporate tax cuts, which boosted corporate earnings and stock prices. A second term is likely to continue or expand these tax policies,
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Read MoreThe Ivy
2 Billionaires Buy This Former Out-Of-Favor Bank, Why?
As recently as 2020, few analysts could have predicted that Stanley Druckenmiller, a billionaire who used to manage Quantum Fund with George Soros, would invest in Citigroup, a multinational banking company with a reputation for mismanaging funds and contributing to the Great Recession.
Despite those facts, Druckenmiller’s firm, Duquesne Family Office, bought more than 327,000 shares in Citigroup last quarter.
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Read MoreThe Spotlight
MAJOR ALERT: Within 7 Days, Market Plunges?
There’s blood in the water and a shark has sniffed it out and is swimming furiously to capture some some pounds of flesh.
What are we talking about?
A major bet was placed by one of Wall Street’s iconic traders betting that by Friday, February 17, the market would fall,
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