Mortgage Rate at 8%: Investments to Avoid Now
Higher-for-longer interest-rate policy has led to some first-time-in-a-long-time market stats. For example, the 10-year Treasury bond yield broke above 5% … Read more
Business
“Higher for Longer” for Longer: When Will the Market Get the Fed’s Message?
It’s funny how a catch phrase can take hold on Wall Street so quickly. Last year, the watchword was “transitory,” … Read more
Bank Reports Show US Consumer Remains Strong
After solid reports from JPMorgan (NYSE:JPM), Wells Fargo (NYSE:WFC), and Citigroup (NYSE:C), traders turned their focus to Goldman Sachs and … Read more
Bank on This: 3 Financial Firms That Beat Q3 Earnings Estimates
Jamie Dimon, the famous CEO of JPMorgan Chase (NYSE:JPM), recently offered an ominous assessment of planet Earth’s current predicament. “This … Read more
One Big Surprise from BlackRock’s Third Quarter Earnings
It was a mixed bag for BlackRock (NYSE:BLK) in the third quarter, as earnings and revenue were up year over … Read more
Banks Kick Off Q3 With Blowout Earnings
Three of the nation’s largest banks, JPMorgan Chase (NYSE:JPM), Wells Fargo (NYSE:WFC), and Citigroup (NYSE:C) released strong third-quarter earnings on … Read more
Surging Yields Mean Fed is Unlikely to Hike in November
Stocks and bonds fell on Thursday following a 30-year Treasury auction that saw limited demand, resulting in a surge in … Read more
The Rent Is Too High: September CPI Shows Inflation’s Real Toll
Thursday morning handed the financial markets the results for September’s annualized Consumer Price Index (CPI) growth that seemed to closely … Read more
Inflation Comes in Hotter than Expected: What Does it Mean for Rates?
The big economic news of the week centered on inflation, as the Bureau of Labor Statistics (BLS) released its monthly … Read more
Exxon Mobil-Pioneer Merger: A Once-in-a-Generation Energy Deal
The merger between energy giant Exxon Mobil (NYSE:XOM) and Pioneer Natural Resources (NYSE:PXD) is easily the biggest U.S. energy-industry deal … Read more
Is Disney in for Another Proxy Fight?
Walt Disney (NYSE:DIS) has been in the news a lot this year, and it has not all been good. In … Read more
Not Just Oil and Missiles: Other Wartime Investments to Consider Now
Just the other day, I asked investors to consider RTX Corporation (NYSE:RTX) stock and Lockheed Martin (NYSE:LMT) stock as high-conviction … Read more
Two Aerospace and Defense Picks for Geopolitical Uncertainty
If there’s one thing investors can be certain of, it’s that the financial markets hate uncertainty. Geopolitical turmoil can wreak … Read more
TLT Bond ETF Crashes and Burns: Buy Now or Steer Clear?
Due to a series of interest-rate hikes in 2022 and 2023, retail stock and ETF investors are suddenly paying attention … Read more
Are 50%+ Yielding ETFs the Real Deal or Just a Trap?
Is it necessarily a good thing that there’s an ETF for just about every niche sector, sub-index or concept nowadays? … Read more