-
Powell Talks Inflation And Wall Street Continues To Stumble
2021 Mar 04, 6:28pm | 612Read More...The Newtonian concept of what-goes-up-must-come-down is on full display over the past two weeks as the markets continue to drop from all-time highs. Federal Reserve Chairman Jerome Powell greased the slide with predictions of increased inflation in the near future. What Happened in Washington:...
-
Warren Buffett's Warning: 'Bonds Are Not The Place To Be These Days'
2021 Mar 02, 9:19am | 606Read More...In the annual letter to shareholders, Buffett analyzed the bond market and pointed out the abundance of negative yields that may steer participants towards too risky investments Warren Buffett, the legendary investor and founder of Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE...
-
This Day In Market History: US Treasury Issues First Savings Bond
2021 Mar 01, 10:20am | 337Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1935, the U.S. Treasury issued the first U.S. savings bonds. Where The Market Was: The S&P 500 was trading at 8.41 and the Dow closed the day at 103.27. What...
-
Friday's Market Minute: Interest Rates Have Aggravated The Stock Market
2021 Feb 26, 11:05am | 366Read More...Higher borrowing costs have put pressure on most equities this week, particularly on growth names hinged on soaring valuations. Interest rates are rising because of expectations for better economic growth and they should continue to move up, but moderately. Inflation is a fear in the market, but it...
-
Wednesday's Market Minute: Markets Look Primed For A One-Two Punch
2021 Feb 03, 11:11am | 485Read More...There are two headwinds developing against investors right now. One is froth building up in stocks that increases the odds of correction. After getting trampled by squeezes the last two weeks, the median short interest on stocks in the S&P 500 Index is now 1.6% of shares, an all-time low that...
-
Alibaba Seeks To Raise $5B In US Dollar Debt Offering This Week
2021 Feb 03, 2:11am | 485Read More...Alibaba Group Holding Ltd (NYSE: BABA) is planning to raise $5 billion by selling dollar-denominated bonds this week, Reuters reported Wednesday (Shanghai-time). What Happened: The book for the offering will open on Thursday and the deal is expected to be priced on the same day, a person...
-
Unexpected Impact Of The Biden Administration? A Muni Bond Boom
2021 Jan 29, 10:38am | 1466Read More...All things considered, the municipal bond market had an exceptional 2020. In a year in which municipalities were faced with an economic crisis that had some investors concerned about defaults, the VanEck Vectors CEF Municipal Income ETF (NYSE: XMPT) rose 3.44% in 20201, a stunning turnaround...
-
This Day In Market History: US Treasury Introduces TIPS
2021 Jan 29, 10:04am | 338Read More...Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On this day in 1997, the U.S. Treasury introduced the first Treasury Inflation-Protected Securities (TIPS). Where Was The Market? The S&P 500 was trading at 772.50 and...
-
Fed Likely To Hold Interest Rates Near Zero Today: WSJ
2021 Jan 27, 9:26am | 285Read More...Federal Reserve officials could keep the interest rates unchanged in the monetary policy meeting that concludes today, the Wall Street Journal reports. Fed has acknowledged recent signs of economic weakness and kept the short-term interest rates near zero. It had launched a bond-purchase...
