Voters Sour On Trump Tax Cuts, Companies Admit It’s a Boondoggle for Investors

The optimism Republicans expected voters to feel from the huge Trump tax cut package has quickly turned sour. In the latest Gallup poll, 48% of respondents said they disapprove of the tax cuts; only 39% approve. Experts are baffled, given that the cuts have increased the take home pay for approximately two-thirds of workers. There are […]

Parkland School Shooting Survivor Calls Out Millions of American Investors for Owning Gun Makers

David Hogg, one of the students who survived the mass school shooting in Parkland, Florida is calling on investors to boycott BlackRock Inc. and The Vanguard Group These are two of the largest investment-management companies in the country, overseeing the retirement funds of millions of Americans. Most have never given a second thought to what they […]

Bill Gates Warns: No Escaping Economic Crisis to Come

Microsoft founder and billionaire Bill Gates (net worth $91 billion!) thinks it’s guaranteed that the world there will face another major financial crisis, maybe even one worse than 2008. He just can’t say when. The tech titan, philanthropist and Warren Buffett confidant offered this alarming assessment during a Reddit “Ask Me Anything” session last week […]

Bank That Fueled 2008 Housing Crash Calls Bitcoin ‘Greatest Bubble in History’

Bank of America investment strategists are now calling the rise and fall of Bitcoin in late 2017 and early 2018 “one of the greatest asset price bubbles in history.” After nearing $20,000 in mid-December, the virtual currency fell to $6,598 in mid-April. It trades this morning at around $8,050. Merrill chief investment strategist Michael Hartnett […]

First Three Months of Stock Market Ends with a Whimper. Where to Now?

After a decade of uninterrupted rising share prices, investors were in for a rude awakening — the S&P 500 has posted its first quarterly loss since 2015 and the bond markets did not fare much better. Investor apprehension is rooted in the onset of an entirely new and dramatically different investment climate. Many investors are […]