Kevin O'Day

104 Flips | 3 Magazines | 14 Likes | 8 Followers | @KEVINODAY | Keep up with Kevin O'Day on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Kevin O'Day”

5 Undervalued Stocks You Can Buy and Hold Forever

Buy them cheap and hold them for the rest of time.<p>The best holding period is forever, according to Warren Buffett, and we here at the Fool agree. …

A 20-30% correction is possible

As a CNBC contributor, most of what one says during interviews is documented and archived for the world to see and judge. Sometimes it's good and …

Stock Markets

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Obamacare's slippery slope to single-payer system

UnitedHealth Group, the nation's largest health-insurance company, has threatened to pull out of the Affordable Care Act's exchanges in 2017, thanks …

Health Care

US Top News and Analysis

14 Hours Ago<p>Global oil prices took a hit in the past week, but a confluence of factors could carry Brent to its highest levels in more than three …

Moon Jae-in

'Perfect storm' to lead to euro-dollar parity by December?

The prospect of the euro falling to equal the dollar has returned with a vengeance after the European Central Bank signaled on Thursday that it would …

Economics

What China selling US Treasurys really means

If someone would have suggested, as recently as six months ago, that China would sell over $150 billion of U.S Treasurys in a handful of months, …

Stock Markets

The World's Biggest Risks

3:20 AM ET Tue, 17 April 2018<p>The weak dollar will continue even as the market leans to the prospect of four rate hikes this year, says Khoon Goh of …

South Korea

For Markets, It’s the Treacherous Season

By<p>September 19, 2015<p>It’s the most awful time of the year.<p>One wouldn’t think that, not around these parts anyway. The weather is just right, with warm …

Stock Markets

Why the Fed couldn't raise rates

There were a lot of reasons for the Federal Reserve to forego a first rate hike.<p>The labor market, despite a huge decline in the unemployment rate, is …

Federal Reserve

Here's why the Fed won't hike next week: Deutsche Bank

While Wall Street frets about a potential Fed rate hike next week, one prominent economist has a simple message for investors: Relax. Nothing is …

Stock Markets

China's Turmoil Could be Just a Blip, If 1960s Japan Is a Guide

China’s economic slowdown and market crash often evoke comparisons with Japan’s bust in the 1990s, a period that saw the world’s second-largest …

Stock Markets

Pentonomics & Press

The Acronym of 2008 is Sounding Another Alarm <b><br>April 16th, 2018</b><p>LIBOR, or the London Interbank Offered Rate, was the most important acronym most …

Threat of ‘regime’ change hits Wall Street

The stock market is in the midst of a "correction" that has taken the S&P 500 negative over the past year. But the bigger concern among investors is …

Stock Markets

Welcome to Quantitative Tightening as $12 Trillion Reserves Fall

The great global monetary tightening of 2015 is under way, but it’s not being led by the Federal Reserve.<p>Even as U.S. policy makers ponder whether to …

Economics

China dumping Treasurys? Here's what you must know

Despite gloomy predictions and concerns over spiking<p>bond yields, analysts have struck a fairly sanguine tone over China's acceleration in the selling …

Stock Markets

The Scary Number Hiding Behind Today’s GDP Party

The federal government today released two very different estimates of the U.S. economy’s growth rate in the second quarter. The one that got all the …

Economics

The Stock Market Hasn't Had a Selloff Like This One in Over 75 Years

By one metric, investors would have to go back 75 years to find the last time the S&P 500's losses were this abrupt.<p>Bespoke Investment Group observed …

Oil Industry Needs Half a Trillion Dollars to Endure Price Slump

At a time when the oil price is languishing at its lowest level in six years, producers need to find half a trillion dollars to repay debt. Some …

Small caps are sounding alarm for stocks: Technician

Small cap stocks could be running into some big problems.<p>Despite a mild rally early Monday, the Russell 2000 is still down more than 6 percent from …

Stock Markets

U.S. Credit Traders Send Warning Signal to Rest of World Markets

Credit traders have an uncanny knack for sounding alarm bells well before stocks realize there’s a problem. This time may be no different.<p>Investors …

3 ways to fix Social Security's funding shortfall

Social Security is celebrating its 80th birthday this week—not bad for a program that was as hotly contested in its day (three trips to the U.S. …

Retirement

The Fed Is on Thinner Ice Than It Realizes, and It May Be Setting Us Up for Recession

Have members of the Federal Reserve already engineered a soft landing?<p>And are they even asking that question?<p>The thought came to me while reading …

The simplest fix to Social Security

You would think sharing information about Social Security benefits would be simple. After all, the system is pretty straightforward: You contribute …

Retirement

Goldman Says China Yuan Move Is Attempt to Get Ahead of Fed

China’s shock devaluation of its currency is designed to cushion the yuan from strengthening along with the dollar after a projected interest-rate …

This is 'more damaging...than the Great Recession'

The U.S. has an economic crisis on its hands that one economist thinks is worse than the Great Recession.<p>Over the past year, productivity has …

Economics

China growth probably half reported rate or less, say sceptics

* China Momentum Indicator: http://link.reuters.com/tym35w<p>* China rail freight and GDP: http://link.reuters.com/fyq32t<p>* China monetary policy and …

Europe: Running on Borrowed Time

“I am sure the euro will oblige us to introduce a new set of economic policy instruments. It is politically impossible to propose that now. But some …

Europe

Social Security Disability Fund will be empty next year

Beyond 2016, continuing income will be sufficient to pay 81% of scheduled disability payments, trustees said in an annual report released in …

Retirement