Lazard (LAZ) is an asset management beast like no other. Having 50% of its income coming from asset management and the other 50% from advisory, LAZ can perform during high and low economic times. It has been growing its market
Impacted by lower mortgage banking revenues, Wells Fargo WFC recorded a negative earnings surprise of 3.4% in third-quarter 2018. Earnings of $1.13 per share missed the Zacks Consensus Estimate of $1.17. However, the bottom-line compared favorably with 83 cents recorded in the prior-year
Impacted by lower mortgage banking revenues, Wells Fargo WFC recorded a negative earnings surprise of 3.4% in third-quarter 2018. Earnings of $1.13 per share missed the Zacks Consensus Estimate of $1.17. However, the bottom-line compared favorably with 83 cents recorded in the prior-year
In this presentation, Clarity Financial’s economic analyst Jesse Colombo explains why the U.S. stock market is experiencing a dangerous bubble that is going to burst violently and cause serious damage to the underlying economy. Jesse and Clarity Financial have been
Individual investors have a huge appetite for U.S. Treasuries right now. Households were the largest purchaser of U.S. government bonds in the second quarter of this year, with inflows totaling nearly $800 billion, which is more than all other categories
The stock market is seeing huge amounts of selling, and in some cases even crashing. How do you know when a bottom has been put in place and buy the dip? In this video, I lay out my entire approach
The S&P 500 experienced losses four out of five days this week, including three days off selloffs. Wednesday and Thursday saw losses of over 2% with a gain of 1.42% today. The index is up 2.64% YTD. The U.S. Treasury
I was waiting patiently and then Thursday afternoon it happened. With the Nasdaq passing a 9% decline from its peak, there it was. “Nasdaq approaches correction territory.” I bet those financial journalists had that queued up for the past week