Money manager Douglas Gordon is worried about a potentially widespread problem in long-term investors’ portfolios. Gordon, who’s instrumental in building Russell Investments’ asset allocation strategies, believes many investors haven’t rebalanced their portfolios to reflect the historic 2019 stock market rally. According to Gordon, the market rally’s robust gains are tilting investors too far into stocks.

A few years ago Dawn Donaghy and her husband, Raymond, made a decision that many residents in high-tax states make. They wanted to move. The couple, then residents of Old Tappan, New Jersey, a town less than 30 miles outside of New York City, loved where they lived. But Raymond’s three children were now adults,

Investors can trust that Nvidia’s stock has bottomed following its upbeat earnings report for a few key reasons, CNBC’s Jim Cramer said Friday after the chipmaker’s shares gained 1.82 percent. The first is CEO Jensen Huang’s own outlook for his industry, which he put quite simply on the post-earnings conference call: “The world needs more

Check out the companies making headlines midday Friday: XPO Logistics – XPO stock tanked a whopping 17 percent after the transportation company reported disappointing fourth-quarter results. Its earnings came in eight cents shy of estimates with adjusted quarterly profit of 72 cents per share, and the company’s revenue also fell short of expectations. XPO also

Danny Moses, a legendary investor who shorted subprime loans prior to the financial crisis in 2008, told CNBC that the cannabis industry in America has the makings for a big long. “I’ve never seen a sector have the political tailwinds, the economic tailwinds, and the wellness tailwinds that this sector potentially has,” he said on

The second week of tax season has wrapped up, and refunds are still smaller compared to last year. Since the IRS began accepting returns on Jan. 28, the agency has managed to process 26.9 million individual income tax returns as of Feb. 8, according to data from the tax authority. Uncle Sam is also sending

With all of the investors fretting about the trade war with China and the Federal Reserve’s plans for interest rates, what CNBC’s Jim Cramer is really worried about here is jeans. “Yep, I think the biggest threat to this bull market is denim,” he said Wednesday on “Mad Money” as stocks rose on hopes of

Florida Sen. Marco Rubio lashed out again Wednesday against Wall Street, vowing to present a bill “soon” that will try to push companies to stop spending so much of their cash on share buybacks. In a tweetstorm that began in late-morning, the former Republican presidential candidate ripped into the culture of shareholder and executive enrichment

Alibaba co-founder Joseph Tsai told CNBC on Tuesday that the “structural issue” of the United States’ trade gap with China will reverse itself as the Chinese ramp up imports. The trade deficit will shrink once the Chinese government begins purchasing $40 trillion worth of goods as promised over the next 15 years, he said. Even

President Donald Trump said on Tuesday he would consider postponing the March 1 deadline for China tariffs if U.S. and China can reach a trade deal soon. Trump softened his stance on the trade battle with China, saying he’s open to letting the deadline slide, but “would prefer not to.” He also said China “very

CNBC’s Jim Cramer is not short of macroeconomic worries, but one that he can’t quite get on board with is the worry that another U.S. recession is near. “Listen, I’m worried about many things: I don’t want another government shutdown, a dramatic increase in tariffs, the super-strong dollar that hurts our exports,” he said Monday

If you are among the taxpayers expecting a refund this tax season, hold off on the champagne for a moment: A big check from the IRS isn’t necessarily good news. The taxman kicked off the new filing season on Jan. 28, marking the first time taxpayers will be submitting their returns under the Tax Cuts

As bond yields fall on global growth fears, Wells Fargo is making some changes. This month, the firm cut both its year-end Federal Reserve interest rate hike forecast and bond yield targets. However, the firm’s global head of interest rate strategy said the decision has little to do with an economic slowdown abroad. “It boils

Perhaps two of the sweetest words retirees long to hear are “tax free.” Though workers are told to put every spare pre-tax cent into a traditional 401(k) at work, the reality is that once the time comes to tap that account for income in retirement, income taxes will follow. Here’s the bright side: You can

Technology investor Paul Meeks is no longer avoiding the group that made him famous on Wall Street. Meeks, who ran the world’s biggest tech fund for Merrill Lynch in the late 1990s and early 2000s, expects the tech-heavy Nasdaq to end the year at least 10 percent higher. “I’m starting to creep out of the

The biggest banking deal since the financial crisis has more to do with technology than any traditional bank metric, CNBC’s Jim Cramer said Friday of BB&T’s pivotal $66 billion commitment to buy rival SunTrust Banks. “To me, this BB&T merger of equals with SunTrust is about keeping up with the Joneses — in this case,

Amazon CEO Jeff Bezos’ high-profile run-in with the publisher of the National Enquirer over a series of salacious photos seems to have rattled investors, CNBC’s Jim Cramer included. “It’s the last thing I want linger on,” the “Mad Money” host said on Friday. “But I’ve got to say I was surprised that the CEO of

Amazon CEO Jeff Bezos stunned everyone with his revealing post accusing National Enquirer of extortion and blackmail, but analysts covering the biggest online retailer don’t really care and believe the swirling controversies won’t affect his ability to lead the Internet retailing and cloud software juggernaut. Bezos, Amazon’s single largest shareholder and the world’s richest man,

CNBC’s Jim Cramer would buy shares of Cisco on Friday if stocks continue their sell-off, he told a caller on Thursday. “If you asked me which stock to buy if we have another sell-off tomorrow, I am going to say Cisco, because you know I’m trying to make that my biggest position because you’re a

When it comes to defending a company against an agitated investor, the devil you know may be better than the devil you don’t. That’s the recent mindset among corporations and investors alike when it comes to fending off potential intruders — and it’s increasingly blurring the lines of how management views the role of activist