Month: July 2020

Senate Majority Leader Mitch McConnell (R-KY) (L) listens to U.S. President Donald Trump talks to reporters while hosting Republican congressional leaders and members of Trump’s cabinet in the Oval Office at the White House July 20, 2020 in Washington, DC. Doug Mills | Getty Images It’s the question that’s been on everyone’s minds: Will there
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Kevin O’Leary told CNBC on Monday that the long-term economic consequences of the coronavirus pandemic are coming into focus for companies in his personal investment portfolio.  “I’ve got enough focus now after all these months, 20% of my small private portfolio is going to fail,” O’Leary said on “Halftime Report.” ”They’re going to zero. They are in
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CNBC’s Jim Cramer urged investors Monday to remain cautious about the length of time it takes to develop a successful coronavirus vaccine, saying that Massachusetts-based biotech firm Moderna may be painting too rosy of a picture.  “It’s not a simple case. You don’t just say, ‘Hey, look at this. These people didn’t get Covid over a couple weeks.’
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Does financial market history even matter anymore? Many pundits say no, since a new wave, of low-to-zero-cost trading, and another wave of high-quality market information has “democratized” investing so much so that the retail public is just as informed, or certainly can be, as multibillionaire investors. Now, some of us have recently questioned this line
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The Green Tax Break For Architects, Engineers And Contractors: Section 179D Update              While Kermit sang that “It’s Not Easy Being Green” – the truth is for architects, engineers and contractors there are significant tax breaks for being green.              Congress put in place in 2005 Section 179D of the tax code that provides a tax benefit –
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China would prefer to see U.S. President Donald Trump win a second term in office as it would allow Beijing to continue to pursue its international ambitions, said an analyst on Monday. “Bluntly, Beijing would prefer to see the Trump administration continue,” said Rodger Baker, senior vice president of strategic analysis at Stratfor, a consultancy.
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Bryn Mawr’s Jeff Mills sees few options for investors looking for big second half gains. Due to the country’s coronavirus surge, he predicts economic setbacks will start to meaningfully impact some of the summer’s most profitable market groups. “We’re past the point where every single data point is going to be ahead of expectations,” the
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When federal “regulators” go boldly where no regulator has ever gone before–to promote retirement … [+] gambling, WATCH OUT! getty Private equity—speculative investments in the stocks of companies not publicly traded and hard-to-value—“has the potential to hasten the retirement day for American workers,” Trump’s DOL Deputy Secretary recently gratuitously advised. Trump’s SEC Chairman Jay Clayton
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