With more than $500 billion flowing to and from the United States to China, American investors should always be attuned to the Asian market.
In fact, 40% to 60% of revenue from S&P 500 companies comes China or China-related trade.
With more than $500 billion flowing to and from the United States to China, American investors should always be attuned to the Asian market.
In fact, 40% to 60% of revenue from S&P 500 companies comes China or China-related trade.
Ever since Saudi Arabia announced its flagship oil company was going public, investors across the world have wondered when and where the Saudi Aramco IPO listing will be.
That's because the company's valuation of over $2 trillion could make the Saudi Aramco IPO the biggest public offering of all time.
But even though the Aramco IPO is a huge deal, potential investors should be careful...
My friend Jack couldn't fathom how last week's historic meeting between Chinese President Xi Jinping and U.S. President Donald J. Trump didn't end in a diplomatic donnybrook.
"…but Trump hates China?!"
Like many investors who expected the gloves to come off, he's wondering what gives – and what this means for his money.
I've got a few answers, and I think you're going to be very excited by what I have to say about where to position your money next, especially if you "missed" Amazon.
Here's what you need to know...
Aramco controls 20% of the world's proven oil reserves, or 267 billion barrels of oil, and that has investors eager to buy Saudi Aramco stock.
They'll get their chance soon.
But potential investors need to pay careful attention to what's going on...
Even if it were to sell just 5% of its $2 trillion valuation, the Saudi Aramco IPO will blow current record holder Alibaba out of the water for biggest IPO ever…
In Dow Jones news today, the Dow was down as oil prices continue to slide under $50 per barrel.
Investors are also weighing the decision last week by the Fed to raise interest rates.
Strategists at Bank of America Corp. (NYSE: BAC) are calling it "The Icarus Trade," a reference to the story of the boy who ignored warnings and flew too close to the sun – and plunged to his death when his feather-and-wax wings melted from the heat.
The Bank of America prognosticators are using this tale from Greek mythology for the post-inauguration prediction that they're making: a parabolic "melt-up" that carries global stock prices up another 10% in a continuation of the "Trump Reflation Rally" – followed by a total market "meltdown" later this year.
Around a week later and the S&P 500 is up more than 1.3%, while the Dow has zoomed well past 20,000 to sit 1.6% higher than it opened on Inauguration Day.
So it seems like the markets are headed toward fulfilling Bank of America's dramatic "Icarus Trade" prediction…
Well, we think it's dead wrong, thanks to a bold call by Stealth Profits Trader Editor D.R. Barton, Jr. And if you caught my interview with him this past Sunday, you'll know exactly why.
You see, his prediction is almost the exact opposite of what the folks at BoA are predicting.
Although it's no less dramatic, D.R. believes there's lots more upside in store than what the doomsayers are predicting.
The Dow Jones Industrial Average today was ticking up as traders eye another busy round of earnings reports and more executive actions by President Donald Trump.
World stocks hit a 19-month high overnight thanks to strong European earnings reports, improved Japanese trade data, and expectations that Trump will unleash a wave of economic stimulus to pay for a large infrastructure project.
The Dow Jones Industrial Average today was ticking slightly higher ahead of a busy day of earnings reports and a meeting between President Donald Trump and automotive executives.
Overnight, global markets ticked higher after the British Supreme Court ruled that Prime Minister Theresa May must receive approval from Parliament before leaving the EU.
by Jack Delaney
The BABA earnings report for Q3 2017 will happen before the opening bell on Jan. 24.
Every earnings report is important.
And here are the five most important things we are watching in Alibaba's latest earnings report...