He’s a market watcher known for making bold calls spanning decades. Now, Harry Dent is arguing that the Trump rally is setting investors up for an inevitable stock market crash. Investors have embraced the prospect of President-elect Donald Trump’s victory by sending stocks on a tear to new record highs. Dent, however, thinks there’s trouble […]
Tag: business news
Trump’s Infrastructure Plan Is Another Scam According To Bernie Sanders
Our infrastructure is collapsing, and the American people know it. Every day, they drive on roads with unforgiving potholes and over bridges that are in disrepair. They wait in traffic jams and ride in overcrowded subways. They see airports bursting at the seams. They see the need for a modern rail system. They worry that […]
Stock Market Soars Post Election, Corrections Coming
Donald Trump’s election has given a quick boost to stocks, with the Dow Jones industrial average touching all-time highs. Since markets closed Tuesday, the Dow and the S&P 500 are up about 3 percent — and that’s after coming back from the massive Tuesday night drop. Some market observers expect that boom to continue through […]
Numbers Climbing In Samsung Class-Action Lawsuit
Consumers angry over South Korean company’s handling of scandal and now demand compensation for the inconvenience The number of Samsung Galaxy Note 7 owners demanding compensation for the smartphone’s troubles is starting to rise. In what may be the first Note 7 related class-action lawsuit filed in South Korea, 527 smartphone buyers are demanding Samsung […]
Musk’s bad day: Explosion + stock drops by Tesla, SolarCity = $390 million loss
CNBC’s Phil LeBeau reports on problems at Tesla and now SpaceX, after a rocket launch failed in spectacular fashion today. One of his rockets blew up, and he suffered a paper loss of about $390 million as the stock prices of two of his companies sank. Elon Musk was having a horrible day. No one […]