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Monthly Archives: September 2019

Theory suggests retiring baby boomers could spark stock ‘dark period’

Jefferies analysts on Monday resurfaced an old economic theory that an impending wave of baby boomer retirements could trigger a unified move to liquidate equity holdings. Such a mass exodus, so the theory goes, could entrench the stock market in a “dark period” for years until younger generations save enough …

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Nearly half of empty nesters still financially support adult children

As parents know all too well, just because your children have moved out, it doesn’t mean you’re off the hook. Whether it’s $100 a month for food or $500 toward a student loan bill, nearly 40% of empty nesters are still financially supporting their children in some way, according to …

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Netflix stock is negative for 2019 and Wall St analysts are panicking

Gabby Jones | Bloomberg | Getty Images Two more Wall Street analysts have begun expressing doubts about Netflix and warning the company’s coming quarterly earnings may disappoint yet again, just after the stock turned negative for the year. Pivotal Research Group cut its price target on Netflix shares by nearly …

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Watch this level in Lululemon as fellow athleisure giant Nike reports

It’s hard to be sour on Lululemon. The athleisure stock has been something of a juggernaut this year, rallying over 60% since the start of 2019. With fellow sportswear giant Nike reporting earnings after Tuesday’s closing bell, some investors are taking a closer look at this corner of retail to …

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Could That Be a $3 Million Vase in Your Attic?

For years, there was a maxim that the auction market was fueled by the three D’s: death, divorce and debt. Natural upheavals powered the supply side of the business, the thinking went. But these days, auction houses are working much harder — and, by their own accounts, smarter — to …

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India’s tax cut spurs questions about lost revenue, economic impact

Roadside barber Ranjit (R) shaves a customer’s beard under the flyover in Amritsar on September 22, 2019. Narinder Nanu | AFP | Getty Images India’s unexpected tax cut raises questions about how the government will make up for the lost revenue, one economist told CNBC on Monday. Indian Finance Minister …

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How much China’s economy has grown over the last 70 years

On Oct. 1, China will celebrate its 70-year transformation into an economic superpower — just in time for widespread fears that a trade war with the United States will derail that growth and drag the world economy down with it. From a markets perspective, a lot is at stake. A July …

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Nike earnings, economy, trade war updates

Here are the most important things to know about Tuesday before you hit the door. 1. Recession or not? We’ll get two decent-sized reports on the economy on Tuesday, which will give investors a good idea of whether there’s a recession coming or not. A better-than-feared reading on the manufacturing …

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The Emmy Awards prove that the future of hit TV shows is not on cable

British actress Phoebe Waller-Bridge accepts the Outstanding Lead Actress in a Comedy Series award for “Fleabag” onstage during the 71st Emmy Awards at the Microsoft Theatre in Los Angeles on September 22, 2019. FREDERIC J. BROWN | AFP | Getty Images Think about the last TV show you recommended to …

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Netflix goes negative for the year, giving up a 46% gain

The Netflix logo is seen on a mobile phone. Jaap Arriens | NurPhoto | Getty Images What a difference the past two months made for Netflix. It was just early July when the streaming video giant’s stock was flirting with new record highs. Now after an unexpected loss of subscribers …

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