09-07-2017, 10:48 PM
Financial whiz Bill Ackman’s YouTube presentation, “Everything you need to know about finance and investing in under an hour,” turns five years old later this year. Think of it like “Investing for Dummies,” as explained by the smartest guy in the room. To commemorate the occasion, we decided to revisit the popular tutorial, which recently topped an impressive 2 million views, to see if it’s really worth 44 minutes of your time in today’s market climate.
Is this YouTube video the best investing class on the internet? - MarketWatch
Five percent decline in European stocks driven by the 10 percent appreciation in the euro may appear justified The euro is currently trading at $1.19 against the dollar, after hitting a two-and-a-half year high on the back of a weaker dollar and on political risks easing in the euro zone. With the market already up around 4 percent this year, the Euro Stoxx 600 target suggests a further 6 percent potential upside for the index.
Euro strength makes Europe a buying opportunity for investors, Barclays says
There are many today who believe the vertigo-inducing rise in value of bitcoin — up 643 per cent in the past 12 months and more than 4,000 per cent over five years — represents the greatest parabolic bubble of modern times, and one that is primed to suddenly and violently pop. At the same time, next to none of these cryptocurrency sceptics are foolhardy enough to put their money where their mouths are and actually make a bet against the value of bitcoin. That is because attempting to time a market is ill-advised, and never more so than when betting against a bubble.
"So if you think that higher oil correlates with economic growth, then you're most likely to set up a basket of stocks that does well when the economy is accelerating, and you can buy that basket every time oil goes higher," Cramer said. Cramer suggested that basket of stocks could include airline stocks, which perform well when the economy is strong and people have more disposable income as a result. Then the complexity of this "algorithmic investing" comes into play, because when oil rises, airline costs rise, meaning airline stocks should fall under pressure, but they don't, Cramer said And the downside sees the same result. When oil goes down, airlines go down, but not as much as they should since cheap oil is a plus for those stocks.
Cramer explains the key to understanding market declines
Even if Hurricane Irma doesn’t make landfall in the contiguous United States, its impact could be felt nonetheless. Hurricanes cause an increase in international migration to the U.S., according to a new working paper from researchers at the University of Michigan distributed by the National Bureau of Economic Research this week. To produce their analysis, researchers used immigration-related data from the U.S. Census Bureau and the Department of Homeland Security along with information on hurricane tracks from the National Oceanic and Atmospheric Administration’s Tropical Prediction Center and the Joint Typhoon Warning Center.
One way Hurricane Irma could affect the U.S. — even if it misses Florida - MarketWatch