Stocks to buy

Tom Yeung here with your Sunday Digest.   On November 6, we finally got our answer…  Donald Trump will be the 47th president of the United States of America.  Half of all Americans are delighted. Trump has promised everything from lower taxes to stricter migration rules, and Congress appears in a position to let him
Yesterday, the Bureau of Labor Statistics released the official October Jobs Report – and it was a dud. The U.S. economy added just 12,000 jobs last month, versus expectations for 100,000 new jobs and far below the September total of 254,000 new jobs. Meanwhile, the August and September job growth numbers were revised lower by
The stock market powered higher today to kickstart November on a positive note, driven by a combination of strong earnings and encouraging economic data. Several tech companies delivered good numbers last night, topping estimates and confirming both the resilience of the U.S. economy and strength of the AI Boom. As we’ve been saying for weeks,
Today, Alphabet (GOOGL) – one of the world’s most important tech companies – is seeing its stock price soar.  What’s driving those hefty gains? The tech giant’s excellent quarterly numbers, mostly powered by continued strength in AI. In short, Alphabet is successfully leveraging artificial intelligence to improve the efficacy of its advertising business, the experience
Last week was a wild one for Wall Street. After several days of volatile trading, the markets ended Friday on a high note. Another batch of great earnings reports and encouraging economic data led stocks to surge into the weekend. And it seems that bullishness has staying power.  Today, stocks are once again surging to
Tom Yeung here, with this week’s Sunday Digest. Last week, I wrote how smaller companies tend to outperform when the U.S. Federal Reserve cuts rates. These firms are naturally riskier, and so having cheap money makes them more likely to survive. That’s because borrowing money becomes cheaper… Venture capitalists open their wallets… Consumers feel more confident…
Tom Yeung here with the Sunday Digest.  In mid-2019, the U.S. Federal Reserve began cutting interest rates for the first time since the 2007-’08 global financial crisis. The U.S. economy was beginning to slow, and economists were worried that trade disputes and weak global growth could send America into a recession. The COVID-19 pandemic the