AAPL – matinvaramin

What the Fed’s biggest rate hike in decades means for the bear market in bonds

June 18, 2022 admin No Comments

Historically bad. That’s how the mammoth $ 53 trillion US fixed-income market has performed this year as the Federal Reserve works to curtail high inflation threatening to wreck the economy. To turbo charge the effort, the Fed on Wednesday fired off its biggest benchmark interest rate increase in nearly thirty years. But what does that…

Investment

Here’s how some Dow industrials companies are observing the Juneteenth holiday

June 17, 2022 admin No Comments

The Dow Jones Industrial Average won’t be trading on Monday when the new Juneteenth federal holiday is observed, because the stock market will be closed, and so will many of the Dow’s components. That’s a relatively quick turnaround for the New York Stock Exchange and Nasdaq exchange to close for Juneteenth, just one year after…

Investment

Amazon, Microsoft, Citi to examine their impact on civil rights, racial equity

June 15, 2022 admin No Comments

After years of shareholder pressure that ratcheted up after the racial reckoning in summer 2020, some of the world’s most influential companies have agreed to independent racial-equity or civil-rights audits to consider how their policies, products and practices affect the civil rights of and equality among employees, customers and society. The biggest names expected to…

Investment

Dow trims nearly 400-point gain as Fed weighs biggest rate hike since 1994

June 15, 2022 admin No Comments

US stocks rose, but were off session highs on Wednesday, as investors debated whether the Federal Reserve would later deliver the largest interest rate hike since 1994. What’s happening The Dow Jones Industrial Average DJIA, + 0.63% was up 136 points, or 0.5%, at 30,504, after rising 397 points at its session high. The S&P…

Investment

Opinion: Inflation above 4% may become a fact of life

June 9, 2022 admin No Comments

Federal Reserve Chairman Jerome Powell will be challenged to get inflation down to 2% and keep it there. For the decade between the Global Financial Crisis and the COVID pandemic, inflation averaged less than the Fed’s target, but all the stars were aligned. That is hardly likely to happen again. Coming out of a severe…

Investment

Dow climbs more than 250 points as US stocks close higher, shaking off Target’s profit warning

June 7, 2022 admin No Comments

US stocks closed higher Tuesday, picking up steam late afternoon and shaking off early weakness after a profit warning from retailing giant Target Corp. reinforced worries over the retail sector. All three major stock benchmarks booked solid gains as the 10-year Treasury yield hovered near 3%. How did stock indexes perform? The Dow Jones Industrial…

Investment

Weekend reads: If you agree that inflation has peaked, buy stocks in this sector

June 3, 2022 admin No Comments

If everyone agreed about the direction of the economy, investing would be easy. But there are mixed signals about whether the rate of inflation has peaked, at least in the US If you are among those who believe that inflation has peaked, Michael Brush recommends doing some bargain shopping for stocks in this sector. More…

Investment