Buck Bully
Financial news
[CNBC, GETTY IMAGES] China bought 1.46 trillion yen ($13.8 billion) in medium to long-term Japanese government bonds on a net basis between April and July. That was 3.6 times more than the same period last year. In the same period, the U.S. increased its purchases by only 30%, in comparison. […]
[NBC NEWS, REUTERS] President Miguel Díaz-Canel said last week the country would end up with a single currency and exchange rate with the dollar, but did not specify a rate or the date of devaluation. HAVANA—Cuba’s economy minister has urged calm as the government prepares to unify its dual currency […]
[MarketWatch, Getty Images] “You have to put all your money into 5 stocks and hold it for 10 years, what are you buying and why?” In Reddit’s “Stocks” community, an investor going by the name 7thAccountDontDelete posed that question to the group’s nearly 900,000 members over the weekend. The answers ranged from the […]
[Barron’s, Getty Images] PepsiCo shares were rising on Monday, following an upgrade from Citigroup, which argues that the food-and-beverage company can increase its bottom line next year. Analyst Wendy Nicholson boosted her rating on Pepsi (ticker: PEP) to Buy from Neutral, and raised her price target to $169 from $148. She […]
‘The trade is to wait for that trade’ ‘Within 18 months, it’s going to crack pretty hard. I think that you want to be avoiding it for the time being. When the next big meltdown happens, I think the U.S. is going to be the worst performing market, actually, and […]
[MSN, iStock] Which debt should you consider tackling first? If you’re trying to pay off different types of debt, you may be wondering which to tackle first. In general, you should first pay off high-interest debt, plus any secured non-mortgage debt. After that, some payoffs might personally benefit you more […]
[The Motley Fool, Getty Images] Forget politics and a pandemic. The outlook for these stocks keeps getting better, and analysts can’t keep up. With a contentious November election on the horizon — one that may have monumental implications for the economy, and in particular the healthcare industry — it’s easy for investors […]
[Investor’s Business Daily, AP] Move over Apple. Millennials prefer another stock — and it’s not even in the S&P 500 yet. Consumer discretionary Tesla (TSLA) dethroned information technology giant Apple (AAPL) as the most popular stock held by millennials. Apple got bounced from the top spot after holding it for four-straight quarters, says a just-released quarterly analysis […]
[Bloomberg, iStock] A financial philosophy popular among the world’s wealthiest can be a worthy aspiration for us all. If 2020 has taught us anything, it’s that life is uncertain. Through this lens, I’ve started to abandon some conservative personal finance principles. This summer, for example, I went against the adage of “staying the […]
[ESPN] IN AN ANONYMOUS office complex amid the Meadowland sprawl of northern New Jersey, Rick Probstein tears through a standing vault in search of his most prized treasure. With wire-rim glasses and incandescent red hair, Probstein oversees his dimly lit five-room unit like Richard Branson on “MTV Cribs.” He’s earned it. […]