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Monthly Archives: August 2019

Bullet-resistant backpacks have become another back-to-school staple

Chief Operating Officer for Amendment II, Rich Brand, shoots a child’s backpack with their Rynohide CNT Shield in it in Salt Lake City, Utah. George Frey | Getty Images Crayons, glue, pencils, bullet-resistant backpack. For some parents, that’s what a back-to-school shopping list looks like this year. Guard Dog Security’s …

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A second market sell-off could be ‘Lehman-like’

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Investors shouldn’t take much solace from Tuesday’s slight rebound from the worst day of the year because the next sell-off could be even more violent, something resembling a crisis-level plunge triggered by the collapse of …

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Recent stock dip is ‘buying opportunity’

The Ford Motor Co. Mustang Shelby GT500 vehicle is displayed during the 2019 North American International Auto Show (NAIAS) in Detroit, Michigan,. Daniel Acker | Bloomberg | Getty Images Morgan Stanley raised its rating of Ford’s stock to overweight from equal weight on Tuesday, citing a “significant increase” in estimates …

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Trump is risking his reelection with the trade war: Strategas analyst

President Donald Trump speaks to the media before departing the White House en route West Virginia in Washington, July 24, 2019. Mary F. Calvert | Reuters President Donald Trump’s trade war is slamming the stock market and risks damaging the global economy, as well as his own reelection chances, according …

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Five apps you’ve never heard of that teens are using to shop

Image Source | Getty Images Teenagers today are known as the generation born with a phone in their hands. They’re also the generation with up to $143 billion in buying power, according to a 2018 report by ad agency Barkley. And they’re entering a back-to-school season that will see more …

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Nearly 25% of households will ditch traditional TV by 2022

Kris Ubach adn Quim Roser | Getty Images Cord cutting is on the rise in the U.S. and the trend isn’t about to change, according to eMarketer. The market research company reported Tuesday that nearly 25% of households will ditch traditional television by 2022. “As programming costs continue to rise, …

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Here’s how the stock market lost more than $1.4 trillion (and counting) in less than a week

A trader pauses at his desk ahead of the closing bell on the floor of the New York Stock Exchange (NYSE), January 22, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images It took just four brutal trading days for a $1.4 trillion wipeout in …

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The Dow just posted a mighty big drop in a single day. Here’s what usually happens next…

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Spencer Platt | Getty Images The Dow just cratered more than 760 points, or 2.9%, in a single day. But if recent history is any guide, the pain should be short lived. Unless this …

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Big Tech plunges in market rout, led by slump in Apple, Microsoft

Tim Cook, CEO, Apple David Paul Morris | Bloomberg | Getty Images As U.S. stocks suffered their steepest drop of 2019, Big Tech was hit particularly hard. Microsoft, Apple, Amazon, Alphabet and Facebook — the five most valuable U.S. companies — lost a combined $162 billion on Monday, leading the …

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Stocks still have room to fall, but look to buy the dip, JP Morgan says

Traders and financial professionals work ahead of the closing bell on the floor of the New York Stock Exchange (NYSE) on August 1, 2019 in New York City. Drew Angerer | Getty Images Stocks have fallen sharply as a trade war between the world’s two biggest economies ramped up in …

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