Author Archives: Mike Valles

The Oil Market Slowdown

China reported earlier today that there was a decrease in the daily number of deaths from coronavirus. While this is certainly good news, there is no way of knowing whether the trend will continue. Many markets have been affected, and the oil market continues to suffer from it. Oil Prices Slip At 2:00 pm, oil is showing a slight dip ...

Read More »

The Impact of New Coronavirus Numbers on the Market

As coronavirus shows its ability to spread beyond every attempt to contain it, it continues to affect the economy around the world. China has begun to allow some companies to open for business, which is apt to help manufacturing. Despite this positive movement, it is beginning to appear that the slowdown on manufacturing is going to last longer than expected. ...

Read More »

Coronavirus Affects Apple’s Manufacturing – May Lower Stock

Foxconn is one of the major producers of goods for Apple through the Hon Hai Precision Industry Co. The largest manufacturing plant of iPhones is in Zhengzhou. Since the coronavirus struck China and many cities quarantined, the factories that make goods for Apple have been closed. News has been contradictory from China as to when the plants will reopen. At ...

Read More »

The IMF Reveals a Better Global Economy for 2020

The International Monetary Fund (IMF) announced this week that they expected the economy to experience a rebound in 2020. While economic news last year had not been good, the IMF expects it to be better this year, says the Wall Street Journal. Last year had seen a drop in the volume of trade on a worldwide scale. The primary cause ...

Read More »

Protecting Employee Data from Hackers – and Why You Need It

Companies are learning the hard way that consumers do not appreciate personal data or financial information being stolen by hackers. While consumer data protection seems to be the focus now, there is a lack of HR professionals seeing the need to protect employee data. More than 40 percent of companies are not training their HR personnel to safeguard this data, ...

Read More »

Is It Time to Invest in Bitcoin Again?

There is little doubt that you have heard about cryptocurrency – the major one being Bitcoin. Predictions are abounding that Bitcoin value may be over $20,000 per coin sometime this year. Of course, that remains to be seen, but it is also an investment opportunity that you may not want to miss. If it holds up, this may be the ...

Read More »

Can AI Reliably Make Expert Stock Picks?

Artificial intelligence (AI) is showing up in new places all the time. As it becomes improved, more and more businesses and applications are being found for it. Of course, it has already been involved in stock market picks for some time and trade companies are increasingly using it. Many Investment Companies Using It Many investment companies are already using it. ...

Read More »

What the New Retirement Bill Means for You

A new bill has been passed in the Senate that may affect your retirement planning. Because of people now living longer, the plan – called The SECURE Act – will delay the required minimum distributions (RMD) and allow for a longer savings period. Other changes, five of them, are going to affect your retirement account as well. The word SECURE ...

Read More »

Money Mistakes You Want to Avoid

It has often been said that money does not grow on trees. Since this is the case, it makes sense that you do not want to throw your hard-earned money away unnecessarily. Simple money mistakes can end up costing you a lot of money, but wise money decisions may mean earning a lot more. There are several money decisions you ...

Read More »