Investopedia, a privately owned for-profit American website that focuses much of its content on investing education and financial news, recently conducted a survey that concluded that investors using digital advisors are nearly as happy as those who work with traditional advisors. However, most respondents indicated that there are certain services that warrant human help. The … Continued
The Organization of Petroleum Exporting Countries (OPEC) recently announced an agreement to reduce oil production by approximately 1.4 million barrels per day (bpd), or about 4%. Markets responded with a 10% increase in prices. While OPEC no longer has the almost dominant position it enjoyed during the oil embargo of 1973-74, the group remains in … Continued
According to the National Coffee Association, between 2008 and 2016, the share of 18-24-year-olds who said they had bought a gourmet coffee beverage the day before rose to 36% from 13%. This may account for a Starbucks project to launch high-end coffee shops that would charge as much as $12 for a 12 ounce cup … Continued
It is becoming increasingly apparent that there is likely to be a credible effort to enact tax reform during the nest session of Congress. Most of the preliminary discussions appear to suggest that some reduction in personal and corporate tax rates is on the table. It is important to note that rate and revenue are … Continued
Many market and economic forecasters like to tie some of their predictions to changes in the political scene, particularly when there is a material change in control. Typically, projections tend to examine historical market action and compare key data points to the current situation, in an effort to provide insight as to possible future market … Continued
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