Trade For Profit – Page 2 – Foresight in motion®

US Government Canceled 362,000 Passports Last Year Over Back-Taxes

March 19, 2019@4:45 PM TFP Editor 0

Authored by Simon Black via SovereignMan.com, Starting in 2021, Americans will require permission to visit Europe… technically the 26 borderless countries within Europe’s Schengen area. The process will start out simple enough, taking about ten minutes to complete and costing around $8. The EU estimates it will grant about 95% of the Americans who apply three years of access to the region. But what if you are part of that unlucky 5%? Over 12 million Americans travel […]

The New York Post: The odds against picking a perfect March Madness bracket are astonishingly low

March 19, 2019@4:41 PM TFP Editor 0

First, the good news: You have just as good of odds as everyone else when it comes to picking the perfect NCAA bracket. Read on Marketwatch

Record floods inundate U.S. Midwestern states as Pence arrives

March 19, 2019@4:38 PM TFP Editor 0

Catastrophic floods devastated farms and towns in Nebraska and Iowa on Tuesday after leaving at least four people dead and causing hundreds of millions of dollars in damages, with waters yet to crest in parts of the U.S. Midwest for several days. Read on The Source

FedEx cuts 2019 forecast again, shares drop 5 percent

March 19, 2019@4:32 PM TFP Editor 0

FedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three months, sending its shares down 5 percent and fueling fresh worries it is losing ground in Europe to delivery rivals United Parcel Service Inc and Deutsche Post DHL Group. Read on Reuters

Bernie Sanders hires Beto O’Rourke critic as top aide in 2020 race

March 19, 2019@4:29 PM TFP Editor 0

U.S. Senator Bernie Sanders on Tuesday said he is hiring a well-known liberal journalist with a history of sharply criticizing other Democratic presidential candidates, including Beto O’Rourke. Read on The Source

U.S. judge rebuts Trump on transgender troop limits

March 19, 2019@4:23 PM TFP Editor 0

A federal judge on Tuesday contradicted the Trump administration’s “incorrect” claim that no legal blocks remain for it to enforce a contentious policy to restrict many transgender individuals from the U.S. armed forces starting on April 12. Read on The Source

Wall Street gives up gains on news of troubled trade talks

March 19, 2019@4:21 PM TFP Editor 0

The benchmark S&P 500 index ended little changed on Tuesday as investor optimism regarding the Federal Reserve’s expected affirmation of its dovish policy stance was offset by reports of fault lines emerging in ongoing U.S.-China trade negotiations. Read on Reuters

Tencent Music meets profit estimates in first earnings report, shares fall

March 19, 2019@4:15 PM TFP Editor 0

China-based music streaming company Tencent Music Entertainment Group on Tuesday posted an in-line quarterly adjusted profit, in its first earnings report since going public. Read on Reuters

Italy seizes rescue ship, permits migrants to land in Italy

March 19, 2019@4:13 PM TFP Editor 0

A humanitarian rescue ship carrying 48 migrants entered the port of Lampedusa, where they were being allowed to disembark Tuesday evening despite an earlier refusal by Italy’s hard-line interior minister. Read on The Source

Is The Bull Market Too Big To Fail?

March 19, 2019@4:05 PM TFP Editor 0

Submitted by Joseph Carson, former chief economist of AllianceBernstein The US equity market is on another streak, posting a double-digit gain since the start of the year and extending a bull run that has lasted 10 years. In terms of pure numbers, equities occupy a position far above any other asset, and in everyday life stocks have jumped ahead of real estate as a store of wealth for Americans. From a risk management perspective, policymakers […]