Author: Press Room
We’ve got our July Monthly Meeting this Wednesday and are preparing an exciting update of something we talked about at our annual gathering back in February . Join us live at noon ET. In the meantime, we received some terrific feedback from members after revealing in late May five stocks we would buy right here, right now. With the U.S. markets continuing to hit new records almost daily, including a the Dow Jones Industrial Average touching a new high above 40,000 on Friday, I wanted to do it again. And as much as I wanted to save these names for…
Measuring about half the length of a Ford F-150, Kei trucks look almost like toys in comparison to your standard pickup truck. But for a car so tiny, you might be surprised at the massive following that they command. Kei trucks, built to satisfy Japanese light automobile regulations and known as “keitora” (meaning “light truck”) in Japan, are vehicles that have been enjoying a surge in popularity in the automobile market. Sales of Kei trucks tripled in the last five years, with around 7,500 total imported just last year, according to data from Japan Used Motor Vehicle. Meanwhile, auto experts…
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My last article on Simon Property Group (NYSE:NYSE:SPG) was issued way back in March, 2020 when the stock had dropped by circa 60% since the start of the year. My thesis was bullish and supported by SPG’s upper investment grade credit rating and access to ample amounts of liquidity, which in my eyes were totally sufficient to cover the costs for couple of years in a row even assuming that majority of its malls will not be open during this period. In other words, the scenario had to be very pessimistic in order to force SPG to file chapter 11…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseDonald Trump was rushed off stage by the Secret Service during a rally in the swing state of Pennsylvania after what sounded like gunfire was heard from the crowd. The presumptive Republican nominee for president fell after the noise was heard and was escorted to his motorcade by armed agents with blood visible on his right ear and streaking his cheek.Trump pumped his fist before being put into a vehicle. It was unclear where he was taken.This is a…
The Republican National Convention has a range of speakers lined up for its convention next week, including potential vice presidential picks, lawmakers, governors and celebrities such as rapper Amber Rose and Dana White from the UFC, former President Donald Trump’s campaign and the RNC announced Saturday. Republicans will gather Monday to Thursday in Milwaukee, where they will officially anoint Trump as their presidential nominee. CNN reported earlier that former Fox News host Tucker Carlson and former Trump aide Peter Navarro, who is expected to be released from prison next week, would also speak at the convention. From Trump’s family, sons Donald…
Married women face a special retirement planning challenge that’s best addressed when they and their spouse transition into retirement. Here’s the problem: When one spouse passes away, the survivor’s retirement income usually drops much more than their living expenses do. This often results in the phenomenon I’ve called the “retired widow’s money crunch.” Most of the time, the surviving spouse is the wife, since women are often younger than their spouses and tend to outlive men by a few years. The first step to addressing this planning challenge is to learn more about your specific situation. Below are six questions…
Mortgage rates were mixed this week with the standard 30-year note declining slightly for the fourth consecutive reading, while shorter-term rates ticked up a bit. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage ticked down to 6.86% this week from 6.87% last week. The average rate on a 30-year loan was 6.71% a year ago. The average rate on the 15-year fixed mortgage, on the other hand, actually increased to 6.16% from 6.13% last week. One year ago, the rate on the 15-year fixed note averaged 6.06%. Read the…
In this mobile world, we have more choices than ever about where to live. Companies in search of skilled workers know this, especially when there are far more open positions than there are workers available to fill them. That is why they consider quality of life when deciding where to locate. CNBC’s annual ranking of state business climates, America’s Top States for Business, considers it too. Under this year’s methodology, the Quality of Life category makes up 13% of a state’s overall score. We rate each state on multiple aspects of livability including crime rates, health care, air quality and child care.…
