• 1 hour A War Is Brewing Between San Fransisco's Rich And Poor
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Tom Kool

Tom Kool

Writer, Safehaven.com

Contributor since: 21 Mar 2018

Biography

Tom majored in International Business at Amsterdam’s Higher School of Economics, he is now working as news editor for Oilprice.com and Safehaven.com

  • Federal Reserve Downgrades U.S. Growth And Cuts Rate Hikes

    Published 21 March 2019 | viewed 884 times

    The Federal Reserve downgraded its estimate for U.S. economic growth to 2.1 percent, from 2.3 percent in December No more rate hikes this year, says…

  • Germany’s Flirtation With Recession Could Cripple The Global Economy

    Published 17 March 2019 | viewed 1,641 times

    There are plenty of things to worry about in Europe right now, far beyond the populist far-right Italian government going on a spending spree that…

  • Russian Banks Scramble For Sanction Loopholes

    Published 15 March 2019 | viewed 1,953 times

    The name of the game these days is finding ways around crippling US sanctions, and Russia is the king of pre-emptive thinking. Right now, reports…

  • Wall Street Is Dumping Deutsche Shares In A Hurry

    Published 06 March 2019 | viewed 2,949 times

    Deutsche Bank (DB) is getting desperate, and Wall Street is ditching it—fast. The most recent quarterly results were dismal, one of its investors has been…

  • Most Crypto Investors Don’t Know This Tax Loophole

    Published 17 January 2019 | viewed 994 times

    So you lost big on crypto this year … but what you might not know—according to Credit Karma—is that you could claim a tax deduction…

  • Analysts Bet On Potential Fed Rate Hike For Christmas

    Published 12 December 2018 | viewed 690 times

    Due to the expected slowing global economy, stock market turmoil and the growing headwinds from rising interest rates, some analysts are holding out hope that…

  • Tech Crunch Drags Markets Lower

    Published 19 November 2018 | viewed 1,086 times

    Monday, November 19, 2018 Stocks down. U.S. stocks opened lower as tech and energy companies weighed down the markets. Major tech companies Apple, Facebook and…

  • What’s Behind Buffett’s Billion Dollar Berkshire Buyback?

    Published 05 November 2018 | viewed 1,040 times

    As quarterly profits double for Warren Buffett’s Berkshire Hathaway conglomerate, the legendary investor moves to buy back over $900 million in shares in one of…

  • Cashed-Up Companies Spark Private Jet Boom

    Published 27 October 2018 | viewed 607 times

    Buyers aren’t calling the shots anymore in the luxury, private plane market. Today, it’s all about sellers for the first time in quite a while,…

  • American Steel Downgraded As Trade War Escalates

    Published 17 October 2018 | viewed 4,170 times

    Any investors in the American steel industry who were celebrating Trump’s tariffs jumped the gun a bit. If you follow this scenario through to its…

  • Has The Stock Market Reached A Tipping Point?

    Published 11 October 2018 | viewed 1,424 times

    After a decade-long bull run, Morgan Stanley now says it’s seeing signals that it might be time to ditch the growth stocks and hit up…

  • Millennials Love Luxury, They Just Don’t Want To Pay For It

    Published 07 October 2018 | viewed 2,677 times

    Millennials are all about mobility—and this is the generation that’s reshaping our ability to get from point A to point B in style, even if…

  • Does Apple Still Have A 20% Upside?

    Published 03 October 2018 | viewed 760 times

    If you think this year has been good for Apple, try next year, says JPMorgan, which predicts the company will get 20-percent more valuable by…

  • Tesla Stock Is Plunging. What Next?

    Published 29 September 2018 | viewed 644 times

    Tesla CEO Elon Musk made “false and misleading statements” in August tweets about taking the company private for $420 per share—and now the company’s worst…

  • This Cannabis Giant Just Became Profitable

    Published 26 September 2018 | viewed 2,596 times

    While pot stocks are living the high life, soaring as major beverage companies look to get into the game as Canada prepares to officially legalize…

  • Wall Street Has No Idea What Stocks Will Do At Midterms

    Published 24 September 2018 | viewed 664 times

    Speculators love to find patterns in the stars, and the latest mantra—at least for the stock market bulls—is that history claims to tells us that…

  • Wall Street Salaries Soar After Another Solid Year

    Published 21 September 2018 | viewed 1,122 times

    Wall Street profits are up 11 percent more than last year, with pre-tax profits totaling $13.7 billion in the first half of 2018, while salaries…

  • Morgan Stanley Turns Bullish On Gold

    Published 19 September 2018 | viewed 3,256 times

    Calls by big analysts to buy gold are pretty rare these days, so when the sixth largest bank in the U.S. comes out with a…

  • Saudi Wealth Fund Pumps $1B Into Tesla Rival

    Published 18 September 2018 | viewed 857 times

    First Tesla. Now Lucid. Saudi Arabia’s Pension Investment Fund (PIF)—the Kingdom’s sovereign wealth fund—is gunning for electric vehicle glory, but it’s dipping its fingers in…

  • Trump Urges Apple To Build Products In The U.S.

    Published 12 September 2018 | viewed 683 times

    Trump has once again called on Apple to bring its manufacturing home to the United States, prompting a dive in Asian suppliers’ shares on Monday…