The voters have spoken.What does it mean for investors?First, the much-feared Trump Selloff didn’t last long. S&P 500 futures tanked as Trump’s victory unfolded – plunging as much as 5% in overnight trading — but then recouped the entire loss as bargain hunters swooped in – the largest 12-hour… Read More

Coach’s recent results indicate luxury retail may have holiday sales in the bag. The high-end purse maker reported earnings for its September quarter last week. The stock rose 2% despite missing estimates by a few pennies. Investors, conditioned to be chronically disappointed by retailers’ earnings, found some silver coins in… Read More

Election Day, at last.From Key West to Nome to Honolulu, millions of Americans are heading to the polls today to exercise their right to vote in the world’s oldest democracy. It’s a stirring and encouraging ritual – a tonic for the wounds and bruises of a brutal campaign.Whatever the outcome,… Read More

If the Republican nominee pulls off an upset he’ll boost fossil fuels, but that isn’t my call. Neither was a cemetery MLP I once profiled. Read More

To paraphrase Gerald Ford, our long national nightmare is almost over.Barring a recount or challenge, we’ll know our next president by early tomorrow morning. And not a moment too soon.It’s been a brutal campaign. The contrast between the candidates couldn’t be starker. Neither could the claims of catastrophic consequences should… Read More

The “bombshell du jour” over the weekend was FBI Director James Comey’s announcement on Sunday afternoon that he found no reason to prosecute Mrs. Clinton over her e-mails just one week after reopening the investigation. The initial market reaction, based on the contract prices in the overnight and early Monday… Read More

In the third and final part of our series, we look at the progress of batteries and other technologies critical to achieving California’s expansive low-carbon vision.  Read More

We remain skeptical, but there’s at least one firm whose sponsor gives us faith. Read More

The last jobs report before the election was good news for the Clinton campaign.The October report, released this morning, showed job creation of 161,000, with unemployment dropping to 4.9%. While slightly lower than the consensus estimate of 175,000, the number of jobs created was strong enough to reflect a… Read More

Investors should trim bond portfolios, lock in some gains, and generally brace for more bond declines. Bond selling is on the rise, and many are calling  for the end of the 35-year bull market in bonds this year.  Behind the bond selling: An expected Fed rate increase in December, rising… Read More