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This current market is not the dot-com crash or the financial crisis. This is how to perform it
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This money manager won’t follow Warren Buffett’s path with these two stocks Berkshire’s buying
New regulatory filings showed that Warren Buffett ‘s Berkshire Hathaway doubled its position in beer and wine producer Constellation Brands last quarter. But at least one investor doesn’t agree with the “Oracle of Omaha’s” investment. Main Street Research’s Chief Investment Officer James Demmert joined CNBC’s ” Power Lunch ” on Friday to offer his take […]
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Moody’s downgrades United States sovereign credit rating, citing growth in government debt
Kent Nishimura | Los Angeles Times | Getty Images Moody’s Ratings cut the United States’ sovereign credit rating down a notch to Aa1 from the Aaa, the highest possible, citing the growing burden of financing the federal government’s budget deficit and the rising cost of rolling over existing debt amid high interest rates. “This one-notch […]
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Leon Cooperman is still heavily invested in energy stocks and has a new MLP pick
Leon Cooperman, Omega Family Office chair and CEO, remained heavily invested in energy stocks at the end of the first quarter, while adding a new master limited partnership. The billionaire investor took a small stake worth $16.5 million in Sunoco LP last quarter, according to a new regulatory filing. The fuel distributor is up about 9% […]
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