We did’nt start the fire…

Since early October, Pacific Gas & Electric stock has lost more than 85% of its value. And now, it has filed for bankruptcy. Following PG&E bankruptcy filing, S&P Global Ratings slashed credit grades almost to junk status for California’s two other big...

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The Fed, my friends, is on our side

At a time of unpredictable and unpresidential behavior at the White House, we have the Fed, whose behavior has now become predictable. Going into the FOMC meeting last week, financial markets demanded that Federal Reserve Chairman Jerome Powell ease up on tightening...

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Looking for direction as the Fed meeting awaits

Earlier in the week, Dow members - United Technologies and Procter & Gamble both rose more than 4.8 percent after reporting better than expected earnings. IBM, another Dow component, jumped 8.5 percent in its best session since Oct. 18, 2017. But then, later in...

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Invest In Your Financial Portfolio Today

At Future Wealth, our philosophy is simple: We believe most investors stay away from investing in Wall Street for two reasons – First, they don’t have enough money and second, they don’t want to lose money. While we at Future Wealth can’t help with the first, our...

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And its – Lights out?

Stocks ended sharply lower Friday after weaker than expected data in China and Europe exacerbated concerns of a global economic slowdown. The Dow lost 496 points, falling to its lowest level since early May. For the year, the Dow is now down 2.5 percent. The S&P...

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