• 'The risk is very, very high, and we need to pay very close attention to what’s happening in Europe'

    'The risk is very, very high, and we need to pay very close attention to what’s happening in Europe'
    We're nearing the end of 2016, and Wall Street economists are focusing on Donald Trump and the potential impact of his proposed policies.
    There's another major issue however that could have dire economic consequences for the US and the potential to create another 2008, according to Markus Schomer, the chief economist of PineBridge Investments.
    He's talking about the upcoming European elections in Germany, France, the Netherlands, and most likely Italy.Populism has already swept through
  • GOLDMAN SACHS: 13 stocks that could explode

    The US stock market may be at an all-time high, but there are still stocks that could offer significant upside potential, according to Goldman Sachs.
    Goldman ranked US stocks that possess the most upside potential, based on the percent difference between the stocks' current prices and Goldman's target price.
    According to the firm's ranking, shares of Mylan, the US pharmaceutical company, have the most upside potential followed by Range Resources, a natural gas company, a
  • Tesla is taking a huge risk with the Model 3 — and it may not pay off (TSLA)

    Tesla is taking a huge risk with the Model 3 — and it may not pay off (TSLA)
    The biggest test that Tesla and CEO Elon Musk will face in 2017 is the successful launch of the Model 3 mass-market vehicle, expected to be had for around $30,000 once tax breaks and credits are applied.
    The Model 3 will deliver more than 200 miles of range on a single charge and benefit, for a fee, from Tesla extensive Supercharger network, which will enable long-distance drives.
    After selling $100,000 luxury sedans for several years and adding a luxury SUV in the Model X in 2015, the comp
  • GUNDLACH: Here's how we'll know the bond bull market is dead

    GUNDLACH: Here's how we'll know the bond bull market is dead
    DoubleLine Capital founder Jeff Gundlach said that if the 10-year Treasury yield hits 3%, it would mark the end of the bull market in bonds.
    Gundlach hosted his annual "Just Markets" webcast on Tuesday, January 10 to discuss his 2017 outlook.
    In what appeared to be a jab at Bill Gross, a portfolio manager at Janus, Gundlach referenced "second-tier bond managers" focusing on a 2.6% yield on the 10-year note as the market's death spell.
    "If 2.60% is broken on the upside — if y
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  • HSBC: Wall Street is all wrong about the death of the bull market in bonds (TLT, TBT)

    HSBC: Wall Street is all wrong about the death of the bull market in bonds (TLT, TBT)
    Over and over we have heard Wall Street call for the end of the 30-year bond bull market.
    The election of Donald Trump as president sparked an exodus from the Treasury market in the final months of 2016 as investors began to price in the possibility that Trump's plans for a protectionist trade policy, tax cuts, and massive infrastructure spending would bring back inflation to the US.
    Selling of longer-dated maturities ran yields up by as much as 90 basis points, with the 10-year briefly crossing
  • Sony Entertainment's CEO is stepping down to go all in as Snap's chairman ahead of IPO

    Sony Entertainment's CEO is stepping down to go all in as Snap's chairman ahead of IPO
    Sony Entertainment CEO Michael Lynton is stepping down from his position to focus on another role: Chairman of Snap Inc. 
    Lynton has been a trusted adviser to Snap's Evan Spiegel and on the board of Snapchat's parent company since 2013. He's now been recognized officially as chairman of the board at Snap, according to The New York Times.
    In a memo to staffers, published in the Hollywood Reporter, Lynton said he was leaving Sony to focus on his growing responsibilities as chairman

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