Author: super@dmin
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Market Snapshot: Stock market on track for year’s longest skid as trade worries persist
U.S. stocks fall Friday, putting major indexes on track for their longest losing streak of the year, as lingering fears over U.S-China trade relations and sluggish global growth weighed on investors’ confidence.
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Commodities Corner: Lumber’s epic gain may soon give way to a bear-market correction
Lumber prices have made quite a comeback this year, climbing by 25% in January and nearly erasing the decline suffered in 2018, as the market gets a boost in demand ahead of the spring building season. Looking ahead, however, analysts urge caution.
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Tax Guy: Want to be a day trader? Read this first
What it takes to meet the tax-law definition of a stock ‘trader’
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Lax payday loan regulations could hit older Americans especially hard
A vulnerable population living on a fixed income, seniors are increasingly turning to payday loans in an emergency
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Tax Guy: Smart tax strategies for active day traders
Do you trade stocks more often than most people wash their hands? Then read this.
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The Tell: How a ‘Fed put’ could set the stage for a final stock-market meltup
One strategist sees echoes of the Fed’s 1998 reaction to economic turmoil in the central bank’s policy pivot. That could set the stage for a stock-market meltup that echoes the rally ahead of the bursting of the tech bubble, he says.
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Top Ten: Weekend roundup: Stock market warnings | High earners being forced to rent | How to make money investing in ‘hated’ companies
Also, a third round of false recession fear, marijuana news and cruise industry stocks.
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Why paid family leave is about more than taking care of babies
Paid time off with job security isn’t just for parents.
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Capitol Report: The ‘Green New Deal’ could end up being a big deal for these companies
The “Green New Deal” plan is short on specifics, but it still could be meaningful for a number of industries and their investors.
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Currencies: The dollar is on track for its strongest weekly gain since August
The U.S. dollar on Friday takes aim at the strongest weekly gain since August, while most major currency pairs were trading in tight ranges.