As more and more industries adopt artificial intelligence technology, AI companies are enjoying a euphoric rally, reports an article in Bloomberg. And while there unquestionably opportunity to be found in…
Day: February 17, 2023
The Most Obvious Investment Idea Is The Best
Many investors opt out of the safety of a money-market fund or Treasury bill and choose to take greater risks in their investing for two basic reasons: they want to…
Don’t Ask An Economist Where the GDP Is Headed
Wall Streeters give a lot of credence to economic forecasts at the start of every year, as corporations project demand and craft their budgets and money managers plan out their…
Biden’s 4% Buyback Tax Could Boost Stocks
While the 1% excise tax that went into effect on January 1st is raising concerns on Wall Street, the tax won’t affect the overall stock market that much and could…
Fed Chatter Doesn’t Matter, Says Fisher
The Fed are “consensus thinkers” rather than forward-thinking or inventive, contends Ken Fisher in a video posted to Fisher Investments YouTube channel. The Fed is “more political than they want…
New SEC Regulations Take On Insider Trading
New SEC regulations that go into affect on April 1st seek to close many of the loopholes that corporate insiders have slipped through over the last two decades, according to…
Investors Spooked By Buffett’s Quick TSMC Sale
Mere months after Berkshire Hathaway bought a $5 billion stake in Taiwan Semiconductor Manufacturing Co., the Warren Buffett-helmed conglomerate slashed its holdings in the tech company by 86%, reports an…
2023 Rally Sees Investors Dumping U.S. Funds
While U.S. stocks have rallied so far this year, investors are exiting the funds that track them, reports an article in The Wall Street Journal. $31 billion has been drained…