In a high-stakes 24-hour period, President Biden met to address the implications of an Israeli attack on Iranian facilities, a move that has escalated tensions in the Middle East and sparked a surge in oil prices. The market reacted strongly to the news, with benchmark U.S. crude registering its largest…

State Street Corporation (STT) has seen a notable increase in its stock performance, achieving a total return of around 33% over the past year. Despite this growth, the company’s shares still trade at a relatively low valuation of 10.8 times the consensus earnings per share (EPS) for the fiscal year…

The recent decision by the European Union (EU) to impose tariffs on Chinese electric vehicles (EVs) has sparked significant controversy and concern among various stakeholders, particularly within the EU’s automotive industry. The decision entails formalizing tentative tariffs that could reach as high as 35%, in addition to the existing 10%…

Kevin Coldiron explores the dynamics of carry trades and their role in market selloffs, particularly focusing on the S&P 500, which he and his co-authors describe as a focal point for global carry trading. In their book, “The Rise of Carry,” the authors illustrate how carry trades have increasingly dominated…

Volkswagen (VW) is facing significant challenges as it attempts to realign production with the sluggish sales of electric vehicles (EVs) in Europe, particularly given the urgency of EU regulations on emissions. In an effort to mitigate potential penalties linked to low EV sales, VW plans to close factories in Germany…

Market Commentary and Overview Asian equities exhibited positive momentum, with the notable exception of Mainland China, influenced by light trading volumes and minimal news. The strengthening US dollar overnight contributed to this atmosphere. In Hong Kong, leading the growth was Alibaba, which benefitted from notable activity in US-listed China ADRs.…

On September 18, market expectations suggest that the Federal Open Market Committee (FOMC) will likely proceed with a modest interest rate cut of 0.25%, bringing the target range down to 5% to 5.25%. Analysis via the CME FedWatch Tool indicates this consensus among traders, signifying a shift in sentiment, as…

Volkswagen has faced challenges recently, with its shares dropping around 5% after the company issued a profit warning last week, indicating a reduction in its profit forecast for 2024 from an expected 6.5%-7% to about 5.6%. Additionally, Volkswagen has revised its sales expectations, forecasting nearly 9 million vehicle sales, down…

The legal battle between John Joseph Hurry, a broker known for his contentious history in the micro-cap securities space, and the Financial Industry Regulatory Authority (FINRA) is a complex narrative of regulatory challenge and alleged misconduct. In light of recent U.S. Supreme Court rulings that affected the powers of federal…

In the pursuit of financial success, a critical metric that investors often overlook is revenue growth. While earnings per share (EPS) often garners the spotlight, focusing on revenue growth—especially revenue per share—is essential for identifying promising growth stocks. Companies that excel in expanding their sales at a rapid rate tend…

The recent decision by the Federal Reserve (Fed) to implement a notable 0.5% cut in interest rates has sparked vigorous discussions among finance leaders regarding its implications for the U.S. economy. As the economic landscape appears increasingly precarious, speculation arises whether this monetary intervention will foster a soft landing or…