When company stock prices rise very high, some consider dividing stocks so that lower prices attract more investors. This can be positive for long-term stock performance.
Tesla Inc. TSLA,
will divide its stock 5 to 1 by August 31 and Apple Inc. AAPL,
will complete a 4-to-1 split on August 31.
Mark DeCambre explains why stock splits often work out well for investors.
Kamala Harris and the markets
Joe Biden has named Senator Kamala Harris of California as his running mate. DeCambre looks back on Harris’ political career and links it to the expectations of professional investors.
How should an investor vote?
There is enough time before polling day for voters’ opinions to change. For now, Joe Biden is leading the national presidential elections, the Senate looks like a toss and the Democratic Party looks likely to retain control of the House of Representatives, according to RealClear Politics.
Shawn Langlois examines data showing how the stock market performs when a party controls the presidency and both houses of Congress, and when those powers are divided, while also considering policy changes that may be made after the 2020 election .
Here are his findings on how Republicans and Democrats might best vote to protect their chicken eggs.
Did you try to time the coronavirus crash?
The S&P 500 SPX index,
hit a closing record on February 19, then fell 34% into the low point of the pandemic on March 23. Since March 23, the benchmark has risen 51%. It is still slightly down from the February 19 high, but it is now up 4% for 2020 (through August 13).
According to Vanguard, only a small percentage of its investors went completely into cash between February 19 and March 30. Here’s how they got away with it.
How to deal with a “tremor of life”
According to Bruce Feiler, author of “Life Is In the Transitions: Mastering Change at Any Age,” major life transitions tend to add up, leading to intense and difficult times. He gives tips for people of all ages to get through tough times in an interview with Richard Eisenberg on NextAvenue.org.
Is the dollar doomed?
At a time when the federal government is spending billions of dollars in additional money to help people and businesses during the COVID-19 pandemic, and the Federal Reserve is clawing back government-issued bonds to pay for this incredible effort, the money supply has increased enormously. So the WSJ Dollar Index BUXX,
has declined significantly from its March high.
This led to renewed turmoil over a possible shift in global finance – an abandonment of the dollar as the world’s reserve currency. Steve Goldstein explains why the falling dollar actually strengthens the dollar as a reserve currency and what bearish dollar investors overlook.
‘Something off Gilligan’s Island’ for a FIRE couple
In November, Brett Arends interviewed a couple who retired from their hedge fund work and decided to live on a sailboat. They spent three months on coronavirus lockdown with other sailing enthusiasts in a deserted Bahamian cove.
Why own bonds when interest rates are so low?
Mark Hulbert gives the bullish case of holding bonds now.
Words of wisdom from Dr Fauci
Dr Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, offered advice for reopening schools during a Facebook Live conversation with Rhode Island Governor Gina Raimondo. He also said herd immunity was not possible for the coronavirus during an Instagram interview with Matthew McConaughey.
Fauci also informed Americans that any COVID-19 vaccine is likely to have significant limitations.
As well:CDC director warns America is in ‘worst downfall … we’ve ever had’
The Moneyist helps in a delicate situation
Quentin Fottrell – MarketWatch Moneyist – helps a woman whose mother contemplates a complicated estate plan, not only on practical matters, but by reminding us of how important empathy can be.
Here’s how to act like a cynical Wall Street investor when there are rumors of the COVID-19 vaccine.