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Monthly Archives: September 2019

Market comebacks will fail due to two factors, JP Morgan says

J.P. Morgan Chase’s Jason Hunter says stocks won’t stage a sustainable rally until two things happen: A U.S.-China trade deal and cyclicals regain leadership. The firm’s head of global fixed income and U.S. equity technical strategy built his case in two charts. First, Hunter focused on the S&P 500’s key …

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OneOK’s under-the-radar stock may be the best play for an oil bounce

Energy stocks are on the move. The group was higher at the end of Tuesday’s trading session, holding a 1% gain despite the drop in oil prices that followed President Donald Trump’s announcement that he had fired his national security advisor, John Bolton. But having bounced from a “very deep …

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More college graduates have financial regrets about their education

hept27 | iStock | Getty Images More and more college graduates are regretful. A recent survey by Fidelity found 40% of graduates would now make different decisions about their education if they could. Half of college grads polled by Gallup wish they’d studied something else or attended another institution. Graduates’ …

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Red hot Costco shares fall after Oppenheimer downgrades, citing a record valuation

Chicago resident and her son shop at Costco with a large grocery cart. Tim Boyle | Getty Images News | Getty Images Investors are way too optimistic on big-box retailer Costco, according to Oppenheimer. The firm downgraded Costco’s high-flying stock to perform from outperform. Shares of Costco ticked 1% lower …

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‘Blindsided by the beauty’: architects struggle to save Cairo’s historic heart

CAIRO (Reuters) – Alaa al-Habashi was looking for ingredients for a Ramadan feast when he stumbled on an Ottoman-era mansion being used as a slaughterhouse and butcher’s shop in Cairo’s historic Islamic district. FILE PHOTO: General view of buildings and historic mosques in an old neighbourhood of Cairo, Egypt September …

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For true wealth, good financial habits will only get you so far

Laura Williams thought she had sensible money habits. She always put money aside. She spent less than she earned. The Norfolk, Virginia resident, owner of online client-management platform Client-portal.io, thought she had a pretty good bead on her finances. When she was in her late 20s, it became apparent to …

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Charts show gold, bond prices are nearing peak levels, Jim Cramer says

The migration of money from stocks to safety assets could soon reach a tipping point, CNBC’s Jim Cramer said Tuesday. Gold and U.S. government bond prices have risen as many investors worry that a recession is looming. These investment instruments might not be riskier than most think as those who …

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The economic numbers are continuing to defy the recession hype

The labor market and the broader economy are both better than they look on the surface, and in fact have been mostly defying the continual patter of recession expectations. By multiple measures, the U.S. is staying ahead of the global slowdown, the trade war with China and the bond market’s …

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What Bolton’s exit means for the oil market

New National Security Adviser John Bolton listens as U.S. President Donald Trump holds a cabinet meeting at the White House in Washington, April 9, 2018. Kevin Lamarque | Reuters The exit of National Security Advisor John Bolton from the White House makes it less likely the situation between the U.S. …

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Shift from momentum to value stocks may be a bet on rising rates

A sudden shift from momentum stocks to value plays could mean investors are betting on higher interest rates. This week there’s been a dramatic rotation from the high valuation stocks that have driven the market’s run-up to more steady companies with lower valuations. Bespoke Investment Group compared two exchange traded …

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