When BP reports second-quarter results Tuesday morning, analysts are expecting a sharp loss and sharply lower revenue. The company has maintained its massive dividend and probably has no choice but... SOURCE: 24/7 Wall St. - Read entire story here. … [Read More...]
Financial News
Construction Spending Decreased in June
From the Census Bureau reported that overall construction spending decreased in June:Construction spending during June 2020 was estimated at a seasonally adjusted annual rate of $1,355.2 billion, 0.7 percent below the revised May estimate of $1,364.7 billion. The June figure is 0.1 percent above the … [Read More...]
Monday links: durable monopolies
July returnsHow major asset classes performed in July. (capitalspectator.com)July was a historically bad month for the US dollar. (sentimentrader.com)Demark's OMX Copenhagen 20 index is having a strong year. (wsj.com)US stocks had a good July. (crossingwallstreet.com)Big TechBig Tech is driving the … [Read More...]
Trump will use emergency powers to remain in White House if he loses election, says House majority whip
Donald Trump could use emergency powers to extend his term in the White House, a senior Democrat has said, as fears grow that the president may attempt to hold onto office should he lose November’s election.James Clyburn, the House majority whip, said he believes Trump has no intention of … [Read More...]
WSJ Wealth Adviser Briefing: Bank Investors, Oil-Firm Losses, One-Room Schoolhouse
Let’s face it: getting paid on time for your work as a financial adviser is important, especially during this pandemic as businesses are doing everything they can to keep the lights on, April Rudin, founder and CEO of Rudin Group, a marketing firm focused on the wealth management industry, told … [Read More...]
Taxes & Money
The 15 Best Deals We’ve Seen In Amazon’s Big Summer Sale
Florida man once bitten by alligator is chomped by 8-foot shark while on vacation
Protecting Your Portfolio From Hyperinflation, Deflation, Confiscation, and Devastation
Ningaloo Reef: Woman injured by humpback whale at Australian tourist spot
