The site Philosophical Economics recently published a challenge to the consensus idea that the explosive growth in U.S. equity index funds in unsustainable. The author argues instead that passive management over time increases the accuracy of market prices and reduces the opportunity for active managers to generate alpha.
Ford Motor Company F 0.89% and General Motors Company GM 2.11% aren’t just car companies. In fact, Citi analyst Itay Michaeli believes that pickup trucks play a much more important part in the two companies’ bottom lines than many seem to appreciate.
It may be premature for Macau casino investors to get too excited about the better-than-expected April gross gaming revenue numbers. JPMorgan analyst DS Kim believes that the majority of the first leg of the Macau recovery rally in stocks has already run its course.
On Monday morning’s PreMarket Prep, Ford Motor Company F 0.89% CFO Bob Shanks discussed the growth potential of the global auto market, the rise of electric vehicles and the potential time frame for driverless cars. Ford is coming off a record quarter, but Shanks believes the company can continue to count on Asia for more…
Things keep going from bad to worse in debt-swamped Puerto Rico. The island nation missed yet another round of debt payments on Monday, and many investors are concerned about the ultimate impact of a financial collapse in Puerto Rico.
Wall Street has a number of age-old adages about investing, and every May one of the classics pops up again: “sell in May and go away.” The justification behind the saying is that the U.S. stock market has historically underperformed during the months of May to October.
Trading action among some of the hottest names in the gold space on Monday reveals that traders seem to be taking some profits on winning gold trades. The Market Vectors Gold Miners ETF GDX 5.07% is down 0.2 percent in early trading on Monday after booking 14.3 percent gains in the past five sessions.
More than seven years after the first bitcoin transaction, Australian entrepreneur Craig Wright has stepped forward to identify himself as “Satoshi Nakamoto,” the creator of Bitcoin.
A recent discussion on Quora focused on the best-kept secrets of successful business people. Here are some of the more popular replies.
According to data released by the Macao Gaming Inspection and Coordination Bureau, gaming revenue in the month of April came in at 17.3 billion patacas, about 9.5 percent lower than April 2016’s number.