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Guess What Country Has The World’s Largest Oil Reserves?

06/17/2019

Demystifying Leveraged and Inverse ETFs

This article was originally published on ETFTrends.com.

Due to the risk involved, leveraged and inverse ETFs are viewed by some as investment tools for only the bold. In a recent episode of Trillions, Sylvia Jablonski of Direxion helps dispel some of the myths about these funds, sharing how they work and what you need to know to use these investment tools. Leveraged […]

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Vietnam ETF Offers Opportunity With Some Risk-adjusted

This article was originally published on ETFTrends.com.

The VanEck Vectors Vietnam ETF (NYSEArca: VNM), the lone US-listed exchange traded fund dedicated to Vietnamese stocks, offers exposure to a fast-growing market, but with some of the usual risks associated with investing in frontier or emerging markets. VNM, which debuted in August 2009, follows the MVIS Vietnam Index. That index “is comprised of securities […]

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Low Volatility ETFs: Potential For Long-Term Out-Performance

This article was originally published on ETFTrends.com.

Investors often turn to low volatility exchange traded funds, such as the Invesco S&P 500 Low Volatility Portfolio (NYSEArca: SPLV), when broad market volatility spikes, pressuring higher beta, growth sectors and riskier assets. The low-volatility ETFs are factor-based strategies that tilt toward companies with a propensity for lower volatility. Different issuers and index providers arrive […]

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Lockheed Martin announces $142M expansion of Arkansas plant

Lockheed Martin says it is spending $142 million and hiring 326 new workers over the next few years as it expands its south Arkansas facility.

The Maryland-based company on Monday announced the expansion of its plant in Camden, about 85 miles (140 kilometers) southwest of Little Rock. The Camden facility currently employs about 700 workers.

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The expansion will support new construction and improve existing facilities for products such as the Terminal High Altitude Area Defense, Army Tactical Missile System and others, plus new machinery and equipment. The company and Gov. Asa Hutchinson announced the expansion at the Paris Air Show.

State Economic Development officials say the company is receiving performance-based income tax credit and cash rebate for the expansion.

Mastercard to allow transgender people to use chosen name

Mastercard will allow transgender people to use their chosen names on credit cards in an effort to combat discrimination at the cash register.

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That means that the name on the credit card owned by a transgender person could be different than that found on their birth certificate or driver's license.

It is up to the banks that issue the cards to actually implement the change and on Monday, Mastercard called on those banks to do so.

Egyptian state TV says former President Mohamed Mursi while in court

Egyptian state television says jailed former President Mohamed Mursi died while in court.
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CAIRO (Reuters) – Former Egyptian president Mohamed Mursi has died in court, state television reported on Monday.

State TVsaid the 67-year-old Morsi was at a session of his trial on espionage charges.

It said Mursi had fainted after the session and died afterward. His body was taken to a hospital, it said.

Mursi, a top figure in the Muslim Brotherhood, was toppled by the military in 2013 after mass protests against his rule. He had been serving a seven-year sentence for falsifying his candidacy application for the 2012 presidential race.

(Reporting by Nayera Abdullah and Mohamed El-Sherif; writing by Nadine Awadalla and Sami Aboudi)

Poll Shows Biden Leading In Iowa, Tight Race For Second

Former Vice President Joe Biden leads in a new CNN/Des Moines Register/Mediacom survey of likely participants in the Iowa Democratic caucuses, with the poll also showing a tight race for second place.

Twenty-four percent of respondents favor Biden in the first-in-the-nation Iowa caucuses, although that is well below the RealClearPolitics average of recent national polls showing support for the former Vice President at 33.6 percent.

The poll also showed three candidates vying for second place in Iowa, with Senator Bernie Sanders, I-Vt., at 16 percent, Senator Elizabeth Warren, D-Mass., at 15 percent and South Bend Mayor Pete Buttigieg at 14 percent.

Senator Kamala Harris, D-Calif., rounds at the top five at 7 percent, while Senator Amy Klobuchar, D-Minn., and former congressman Beto O’Rourke, D-Tex., are tied at 2 percent.

Support for sixteen other candidates in the race for the Democratic presidential nomination came in at 1 percent or less.

The CNN/Des Moines Register/Mediacom survey of 600 likely Democratic caucus participants was conducted June 2nd through 5th and has a margin of error of plus or minus 4.0 percentage points.