Authored by Lance Roberts via RealInvestmentAdvice.com,
This past weekend, I discussed what appears to be the markets ongoing melt-up toward its inevitable conclusion. Of course, that move is supported by the last of the “holdouts” that finally capitulate and take the plunge back into a market that “can seemingly never go down.” But therein lies the danger. To wit:
It appears that "fake news" has finally made it to the news wires.
For the first time since June 2015, Alibaba is now bigger (in market cap) than Amazon.com...
Authored by John Rubino via DollarCollapse.com,
Stocks are at record highs while volatility is at a record low. Which is another way of saying that investors aren’t as worried as they probably should be about the coming year.
That’s okay. Price corrections (with their attendant volatility spikes) are normal and natural ways for markets to teach overconfident investors a little humility. Think of them as the financial word’s forest fires, clearing out the underbrush of misconception, malinvestment, and hubris.
Procter & Gamble stock price is sliding, down over 2%, following news that Trian's Nelson Peltz has lost his fight to be elected to the board.
The largest and most expensive corporate proxy battle came to an end Tuesday with Procter & Gamble successfully fending off a campaign by the financier Nelson Peltz for a seat on its board of directors.
The announcement of the preliminary vote count came at the company’s shareholder meeting in Cincinnati.