U.S. markets struggled throughout Friday’s session following fresh rhetoric from President Trump to impose a 5% tariff on all Mexican imports starting June 10th. Additionally, duties of up to 25% could be imposed in the coming months if Mexico doesn’t take action to reduce or eliminate the number of illegal aliens crossing into the country. The major indexes closed at fresh lows on the last...
Continue reading >>
...
Continue reading >>
...
Continue reading >>
U.S. markets struggled throughout Friday’s session following fresh rhetoric from President Trump to impose a 5% tariff on all Mexican imports starting June 10th. Additionally, duties of up to 25% could be imposed in the coming months if Mexico doesn’t take action to reduce or eliminate the number of illegal aliens crossing into the country.The major indexes closed at fresh lows on the last...
Continue reading >>
Merger mania is alive and well on Wall Street. A slew of top firms including J.P. Morgan, Deloitte, Morgan Stanley and PwC have predicted that 2019 will continue to see strong deal activity after a banner 2018, when global merger and acquisition activity posted over $4 trillion in volumes.Several mega-deals have already hit the market in the first half of 2019, including Bristol-Myers Squibb’s...
Continue reading >>
Insurance companies are piling into exchange-traded funds. Over a third of U.S. insurance companies were invested in ETFs in 2018, according to a survey conducted by analytics firm Greenwich Associates. In total, they held 372 million shares, up 7% from the prior year.The uptick was driven in part by mega-cap companies — those with over $50 billion in admitted assets, as defined by the...
Continue reading >>