The stock market’s reaction to Donald Trump’s upset victory has been calmer than expected. But while the broad indices haven’t freaked out, certain sectors of the market have seen big movements.We’ve talked about big moves among pharmaceutical and hospital stocks, as well as in the technology sector. Shares… Read More
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The market should pay more attention to the one Trump proposal that’s most likely to be implemented. Read More
The first time I voted in a U.S. presidential election was 1980, as a 21-year-old college senior. The choice then, as now, was between a conservative who earned his fame in the entertainment industry versus a dyed-in-the-wool liberal that previously occupied a governor’s mansion in the South. As we all know,… Read More
With stocks rallying and the Obama-to-Trump transition going smoothly so far, the initial worries about a Trump election causing market turmoil haven’t materialized.Meanwhile, investors are making guesses about the impact Trump would have on various industries and stocks.As we mentioned yesterday, pharma and biotech stocks are rallying. But technology stocks… Read More
The Republican nominee’s surprise victory powered big gains for our coal and pipeline stocks, with good reason. Read More
Like most Americans, I spent Tuesday night (and well into Wednesday morning) watching the election returns and the market reaction to them around the world. My first thought was that I was watching Brexit II. Australia and Japan got off to a shaky start at 6 P.M. and 7 P.M. Read More
The voters have spoken.What does it mean for investors?First, the much-feared Trump Selloff didn’t last long. S&P 500 futures tanked as Trump’s victory unfolded – plunging as much as 5% in overnight trading — but then recouped the entire loss as bargain hunters swooped in – the largest 12-hour… Read More
Coach’s recent results indicate luxury retail may have holiday sales in the bag. The high-end purse maker reported earnings for its September quarter last week. The stock rose 2% despite missing estimates by a few pennies. Investors, conditioned to be chronically disappointed by retailers’ earnings, found some silver coins in… Read More
Election Day, at last.From Key West to Nome to Honolulu, millions of Americans are heading to the polls today to exercise their right to vote in the world’s oldest democracy. It’s a stirring and encouraging ritual – a tonic for the wounds and bruises of a brutal campaign.Whatever the outcome,… Read More
If the Republican nominee pulls off an upset he’ll boost fossil fuels, but that isn’t my call. Neither was a cemetery MLP I once profiled. Read More
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