Apparently, beer is a bear market.After dominating the U.S. beverage market, beer sales have fallen flat — all as consumers opt for alternatives. For example, craft beer sales were up 7% in 2018 to $27.58 billion, giving it a 24.2% share of the $114.2 billion U.S. beer market. That's up from 23.4% in 2017.The bearish […]
We are now at the end of 2019, and what a year it has been for the stock market. A year ago, stocks could do no right. They were going through their biggest correction since 2008 amid escalating concerns that a recession was just around the corner. That recession never happened. Instead, throughout 2019, the […]
(Bloomberg Opinion) — As a native New Englander who skipped his return flight, I soon found that living in the tropics had some enduring collateral advantages. The year-round t-shirt, reliable weather (hot and hotter) and Tom Jobim, for starters — not to mention a culture blessed by informality in which the only honorific that counted […]
The promise of wide-spread 5G connectivity has been driving a number of tech stocks — from device makers to semiconductor stocks. So, it's been surprising to see Nokia (NYSE:NOK) lose nearly 40% of its value over the past year.Source: RistoH / Shutterstock.com Many had been expecting the Finnish tech firm to soar this year, as […]
Another day, another new high in the stock market today. However, Friday's action felt … different. Maybe it was the way a number of high-profile stocks opened higher and turned lower. Perhaps it's the way the SPDR S&P 500 ETF (NYSEARCA:SPY) acted tired throughout the session as bulls struggled to keep it in positive territory. […]
Each year our analysts take part in a "Best Stocks for …" contest. Which stocks were identified for 2020? Let's find out …2019 is all but in-the-bag and at this point, and what a year it was for stocks.If you recall, on Christmas Eve of last year, the S&P was teetering on the verge of […]
Yahoo Finance’s Jared Blikre speaks with the On the Move panel to break down the latest pop in gold.
Last week, the House voted to impeach Donald Trump. This is the third time in the U.S. history such an event has happened to the sitting President. What does it imply for the gold market?
(Bloomberg Opinion) — In between dealing with margin calls, Aubrey McClendon spent some of 2009 liquidating his famously well-stocked wine cellar in the non-fun way. In vino veritas, as it turns out: McClendon’s vintage version of the financial crisis, after his meteoric rise at the helm of fracking pioneer Chesapeake Energy Corp., embodied the wild successes, excesses and […]
Value Of Earth’s Stock Markets Reaches $90 Trillion Just $910 trillion to go before we have to start using the word “quadrillion” in reference to stock valuations. The dizzying number has a lot to do with central banks around the world, which continued to print money at breakneck speed for the 11th year since the […]
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]
Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]
US Durable Goods drop
Silver prices have jumped 1.0% on Monday, after China delivered a blistering rebuke of a U.S. defense bill that demonstrates support for Taiwan and democracy protestors in Hong Kong.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 750 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of September […]
Dec.22 — Joshua Rotbart, managing partner and founder of Rotbart & Co., discusses the record price of gold in pounds and where he thinks it’s heading in 2020. He speaks with Yvonne Man and Rishaad Salamat on “Bloomberg Markets: Asia.”
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Elon Musk has moved a step closer to building his first car factory on the home turf of Volkswagen AG, Daimler AG and BMW AG as his company hammered out a contract to buy land in Germany.Officials […]
Volvo Group has named a financial services executive to lead its new autonomous solutions unit. Nils Jaeger will oversee Volvo’s efforts in autonomous and connected vehicles, including the driverless Vera port vehicle, autonomous agricultural applications in Brazil and automated mining operations in Norway. Jaeger is president of the Europe, Middle East and Africa for Volvo […]
Silver markets rallied a bit during the week, reaching towards the $17.25 level. By doing so it shows that silver is somewhat resilient still, but we are underneath a major uptrend line.
At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of September 30. In this […]
Silver prices have dropped slightly, as the metal trades around $16.90. The dramatic vote to impeach President Trump did not stir silver, which continues to trade close to the symbolic $17 level.