The ongoing spread of the COVID-19 coronavirus has investors flocking to safety.
Gold prices hit a seven-year high Thursday, while U.S. Treasury yields plunged yet again.
The 10-year bond hovered at 1.53% – a pittance for investors who are looking out on a decade horizon.
The option of gold – which doesn't pay a yield – also isn't the most attractive option for anyone seeking income.
Start the conversation
Comment on This Story Click here to cancel reply.
Or to contact Money Morning Customer Service, click here.
The Dow Jones Industrial Average soared over 200 points this morning as optimism over the coronavirus prevailed.
Fears of the virus' economic consequences have dwindled.
But there are murmurs that the ongoing outbreak could interfere with commitments by China to honor its deal to purchase U.S. agricultural products.
The latest figures show that cases have surpassed 44,500 and more than 1,110 deaths.
Start the conversation
Comment on This Story Click here to cancel reply.
Or to contact Money Morning Customer Service, click here.
Some investors believe Tesla Inc. (NASDAQ: TSLA) it will generate $1 trillion in 2030.
But it might be too late for you to get in on that wild ride.
One of our top penny stocks right now could be even more opportunity than Tesla.
And it's the perfect time for you to pick it up.
Start the conversation
Comment on This Story Click here to cancel reply.
Or to contact Money Morning Customer Service, click here.
While the House vote on Trump impeachment is driving headlines today, a Senate vote is still extremely unlikely to pass.
More meaningful news comes out of the United Kingdom, and it’s drawing our attention to the top dividend stocks this week.
The Bank of England held interest rates in place during its recent policy meeting.
Facing the departure of the U.K. from the European Union, the BoE released a weak economic outlook for the nation's economy.
Its decision to keep interest rates steady falls in line with the number of other central banks that will maintain lower interest rates to bolster economic growth.
Start the conversation
Comment on This Story Click here to cancel reply.
Or to contact Money Morning Customer Service, click here.
The Dow Jones Industrial Average could lose a few as the deadline for a fresh set of U.S. tariffs on China inches nearer.
Investors are hoping that China and the United States will be able to enact a "phase one" deal to avoid the December 15 tariffs.
This would set the two nations on a path toward a more robust deal heading into 2020.
Start the conversation
Comment on This Story Click here to cancel reply.
Or to contact Money Morning Customer Service, click here.
The Dow Jones Industrial Average will struggle today as ongoing trade concerns rattle investor sentiment.
U.S. Treasury Secretary Steven Mnuchin said the Trump administration has made no plans to visit China to continue talks over tariffs and trade.
by David Zeiler
Start the conversation
Comment on This Story Click here to cancel reply.
Or to contact Money Morning Customer Service, click here.
Whatever happens with its pending deal to acquire Sprint, T-Mobile is a top stock to buy.
Even without the addition of Sprint's resources, TMUS has positioned itself well in the market. And the rollout of 5G technology will deliver major revenue growth in the years ahead.
But the picture gets even brighter if the Sprint deal is approved, which we believe likely.
T-Mobile stands to reap mind-boggling gains...
Start the conversation
Comment on This Story Click here to cancel reply.
Or to contact Money Morning Customer Service, click here.
The merger and acquisition between Sprint and T-Mobile has created a buzz on Wall Street.
Some believe the combined entity could create a new telecommunications juggernaut.
Start the conversation
Comment on This Story Click here to cancel reply.
Or to contact Money Morning Customer Service, click here.
The Dow Jones today projected a 122-point gain in pre-market trading after the McDonald's Corporation reported very strong quarterly earnings.
This morning, the firm reported EPS of $1.79 per share, a figure that topped analyst estimates by 12 cents.
Revenue did decline by 9% year-over-year, but the $5.14 billion reported still bested Wall Street expectations of $4.98 billion.
Start the conversation
Comment on This Story Click here to cancel reply.
Or to contact Money Morning Customer Service, click here.
The Dow Jones today is trending up thanks to a crackdown on political elites in Saudi Arabia over the weekend sent oil prices to a new high this year…
Dow Jones futures are up 15 points today as oil prices are surging thanks to the arrests in Saudi Arabia.
Start the conversation