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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

  • Analysts Bet On Potential Fed Rate Hike For Christmas

    Published 12 December 2018 | viewed 417 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 835 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 781 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 469 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 3,172 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 1,076 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 2,104 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 623 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 510 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 2,049 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 551 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 770 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 2,743 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 670 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 555 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…

  • Amazon Falls After A Brief Stint In The $1 Trillion Club

    Published 05 September 2018 | viewed 778 times

    Stocks in e-commerce giant Amazon hit $2,050.27 Tuesday, catapulting it in to the Trillion-Dollar Club, along with Apple, the first ever U.S. company to hit…

  • When Will The ETF House Of Cards Collapse?

    Published 24 August 2018 | viewed 1,263 times

    It might not be impeachment, or trade wars, or even a tech bubble that leads to the next market crash … one trader told CNBC…

  • Is The iPhone X Too Successful?

    Published 21 August 2018 | viewed 678 times

    Fewer iPhone users are expected to upgrade to new phones next year because they like the iPhone X so much, but it’s a situation that’s…

  • Consumers Show ‘Extraordinary’ Shift In Sentiment

    Published 20 August 2018 | viewed 648 times

    The economy may be experiencing growth, but consumer sentiment isn’t feeling optimistic, largely because wages aren’t budging despite rising inflation. In fact, the situation is…

  • Switzerland Bans New Audi, Mercedes, Porsche Imports

    Published 17 August 2018 | viewed 1,768 times

    Switzerland’s Federal Roads Office (FEDRO) has banned the import of some new Mercedes-Benz, Audi and Porsche vehicles because their diesel engines skirted emissions regulations. This ban includes the…