Tag Archives: CRESY

investment risk

President Trump plans to unveil his new tax plan on Wednesday.

Sources tell CNN he may propose slashing the top corporate rate from 35% to 15% — as he proposed during the campaign.

Such a dramatic change would likely set up a clash with Republican leaders on Capitol Hill.

Here’s why: Republican leaders are eager to cut corporate taxes, but for various reasons....More>>>

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Exxon Mobil and Hess estimate that a deeper reservoir directly below their previously discovered Liza Field on the Stabroek block off the coast of Guyana could contain 100 million to 150 million barrels of oil equivalent. (Photo by Samir Tounsi/AFP/Getty Images)

Exxon Mobil Corp. (NYSE:XOM) and Hess Corp. released some good news Thursday, Jan. 12, saying they had booked positive....More>>>

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The recently released weak economic data, which also includes lower-than-expected jobs report, played a major role in reducing rate hike chances. This in turn boosted the debt-dependent utility sector. Like the stocks, ETFs with significant exposure to this sector also gained from this favorable scenario.

Weak Data Lowers Rate Hike Chances

Weaker-than-expected August jobs data, the....More>>>

Top 10 Bank Stocks To Invest In 2017

Yes, it’s a rhetorical question, but Federal Reserve Chief Janet Yellen really isn’t doing financial stocks any favors. While her dovish comments today have proppelled the stock market to decent gains, financial stocks have not reacted with the same type of vigor.

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The Financials Select Sector SPDR ETF (XLF) is little changed at $22.38 at 3:06 p.m. today,....More>>>

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With oil prices stabilizing and OPEC apparently agreeing to production cuts (for now), it suggests that some of the beaten-down energy stocks on the market may be stocks to buy at this point in time.

Source: SMelindo via Flickr (Modified)

Readers of my column know that I consider some form of fossil fuel energy holding to be vital for any long-term diversified portfolio. One....More>>>