Has the Trump trade been overdone? It's a question worth asking, with the Dow Jones Industrial Average up 10% since Donald Trump was elected President, and more suspiciously, having (mostly) stalled since early December. BigTrends Chief Analyst and President Price Headley thinks the answer is yes and now, depending on your timeframe. He explained to CNBC's Street Signs on Wednesday...
Has the Trump trade been overdone? It's a question worth asking, with the Dow Jones Industrial Average up 10% since Donald Trump was elected President, and more suspiciously, having (mostly) stalled since early December. BigTrends Chief Analyst and President Price Headley thinks the answer is yes and now, depending on your timeframe. He explained to CNBC's Street Signs on Wednesday...
By Christine Wang, CNBC Disney reported quarterly earnings that beat analysts' expectations on Tuesday, but revenue fell short of Wall Street estimates. The company posted fiscal first-quarter earnings per share of $1.55 on $14.78 billion in revenue. The results represent a 3 percent year-over-year decline in revenue and a 10 percent drop in profit per share. Analysts expected Disney to...
By Christine Wang, CNBC Disney reported quarterly earnings that beat analysts' expectations on Tuesday, but revenue fell short of Wall Street estimates. The company posted fiscal first-quarter earnings per share of $1.55 on $14.78 billion in revenue. The results represent a 3 percent year-over-year decline in revenue and a 10 percent drop in profit per share. Analysts expected Disney to...
By Rachel Koning Beals, MarketWatch Gold could have at least another 5% upside this year from the 5% leap it already notched in January, driven by higher inflation expectations and the safe-haven demand seen amid swirling uncertainty for the Trump administration’s growth proclamations and its foreign diplomacy. Forecast contributors to the London Bullion Market Association survey predict the price of...
By Rachel Koning Beals, MarketWatch Gold could have at least another 5% upside this year from the 5% leap it already notched in January, driven by higher inflation expectations and the safe-haven demand seen amid swirling uncertainty for the Trump administration’s growth proclamations and its foreign diplomacy. Forecast contributors to the London Bullion Market Association survey predict the price of...
By Victor Reklaitis, MarketWatch China’s economy will weaken this year, and investors are complacent about this risk, according to analyst Nancy Lazar. It’s not all about U.S. President Donald Trump. His tough posture toward China is just one of its difficulties, said Lazar, a partner and head of economic research at Cornerstone Macro. She has published a wide range of...
By Victor Reklaitis, MarketWatch China’s economy will weaken this year, and investors are complacent about this risk, according to analyst Nancy Lazar. It’s not all about U.S. President Donald Trump. His tough posture toward China is just one of its difficulties, said Lazar, a partner and head of economic research at Cornerstone Macro. She has published a wide range of...