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So much is uncertain these days. The coronavirus has came back, but the ‘second wave’ already shows signs of fizzling out. China was in the headlines again recently, as President Trump promised to ban Tik Tok from US access unless it was purchased by a US company. With the November election less than three months away, no one can truly say what the political landscape will look like come year’s end. And to top it off, we don’t even really know how our kids will be going back to school. By remote? In person? It all comes back to the coronavirus.Looking at the clouded landscape from Wells Fargo, head of equity strategy Chris Harvey isn’t worried about the virus or China – he believes those factors are baked into the economic picture by now. He does see risk, however, from the elections and the coming school year: “What we worry about...
When creating an estate plan, it may be necessary to name a trustee to handle your assets. For example, if you're establishing a revocable living trust to pass on wealth to your spouse or children, a trustee would be responsible … Continue reading ->The post Trustee Fees: What Are They and Who Pays? appeared first on SmartAsset Blog....
Miller Value Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. The Opportunity Equity Fund posted a return of 47.02% for the quarter (net of fees), outperforming its benchmark, the S&P 500 Index which returned 20.54% in the same quarter. You should check out Miller Value Partners' top […]...
Shares of iQiyi tumbled on Friday after the launch of an SEC probe into fraud allegations against the company. Yahoo Finance's On the Move panel discusses....
(Bloomberg) -- Shale explorers parked more drilling rigs in the U.S. this week as stagnant oil prices push the industry to extend a historic retrenchment.The number of active oil rigs in U.S. fields fell by 4 to 172, according to Baker Hughes Co. data released Friday. That’s the lowest level of activity since 2005, before the shale boom kicked off.The worst may still lie ahead, with the number of drilling permits last month dropping to the lowest since September 2010, according to industry consultant Rystad Energy. U.S. oil production will likely end the year about 20% lower than at the start, according to IHS Markit.West Texas Intermediate oil, the U.S. benchmark, has hovered around $40 a barrel for most of the past month.“Unless WTI oil prices move towards $50 per barrel in the next few weeks, a rig activity rebound is unlikely before the first half of 2021,” Artem Abramov, an...
Miller Value Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. During the second quarter, Deep Value Strategy led the overall marketplace and S&P 1500 Value index, generating returns in excess of 50%. You should check out Miller Value Partners' top 5 stock picks for investors to buy […]...
