What would happen if Amazon went offline today? Not a service blip, like the June outage that redirected users to 503 error pages featuring cute puppies one morning, but a total takedown of the website, never to be restored? After the initial panic, denial and...
The stock markets continued to surge on Wednesday (Feb. 15) with the S&P headed for a seven-day winning streak after President Donald Trump reiterated his plan to cut taxes. Shares are also climbing on increased optimism that the Federal Reserve will raise interest rates when...
In the world of value investing, Warren Buffett stands out as an icon, and lesser known but equally adept is his partner at Berkshire Hathaway, Charles Munger. The latter, a billionaire, spoke at the annual meeting of the Daily Journal Corp. (a firm where Munger serves...
Call it the Buffett Effect. The famed investor known as the “Oracle of Omaha” has, through his Berkshire Hathaway company, sold $900 million in Walmart shares, as of the last quarter of 2016. That tally represented about 90 percent of Berkshire’s holdings, with a 12-year...
Amid a broad drop in equities in the U.S., bank stocks were down relatively more, as a sector, hit in part on concerns over just how much rollback of regulations tied to the sector may actually be realized under the nascent Trump administration. Bloomberg reported...
Live by the Trump rally, die by the Trump rally. That may be a draconian statement to make about stocks and currencies that climbed in the wake of Trump’s election and now are sliding with the reality of a brand-new administration. At this writing, one...
Heading into the 2016 election, most pundits were decrying a Donald Trump presidency for what it would do to the stock market and the value of the dollar. But a day into the realization that Trump will be the next president and Wall Street seems to...
They said he couldn’t win. They said the markets would tank if he did. Trump did. Markets didn’t. In what could only be termed a stunning (stock) rally after a stunning (election) victory, at this writing, U.S. equities are up 70 basis points pretty much...
