The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
If past history was all there was to the game, the richest people would be librarians.
Investing, particularly investing well, is not the easiest game in the world. It requires a multitude of virtues like patience, keeping faith in your investment and the important ability to admit it when a mistake has been made. Even the doyen of investing....More>>>
Biotechs companies offer big risk, but big reward as well. These are seen as some of the more speculative companies in the market because a single word from governing health care agencies, such as the U.S. Food and Drug Administration (FDA), can make or break these companies.
Analysts often weigh in on these companies, and there are a number of factors that play a role in how analysts view....More>>>
At the end of last week, our Elite Opportunity Pronewsletter suggested that it might be time to go long on commodities:
What’s the takeaway here today? When you take a big step back and assess everything that has happened over the last several years, how on earth can we expect commodity prices to remain around recent historical lows forever? Although playing the commodity game has been....More>>>
Fed rate hikes have generally been good for banks–but not today’s quarter point rise. What’s different?
The market clearly likes the rate hike today. The S&P 500 has gained 1% to2,388.03 at 3:01 p.m. today. The Financial Select Sector SPDR ETF (XLF) has is little changed at $24.78, while the SPDR S&P Bank ETF (KBE) has dropped 0.7% to $44.59.
Bank executive, philanthropist and oil fortune heir David Rockefeller died Monday morning. He was 101.
Rockefeller, the grandson of Standard Oil founder John D. Rockefeller Sr. and a former chairman and CEO of The Chase Manhattan Bank, died in his sleep of congestive heart failure, a family spokesman, Fraser Seitel, said.
“Today the world has lost a great man and philanthropist,....More>>>
Patrons enjoying an evening outdoors at Bryant Park Grill & Caf茅 (Source: Company Website)
Ark Restaurants Corp. (NASDAQ:ARKR) owns and operates 21 restaurant/bars and 19 fast food concepts/catering operations with different trade names except for Gallagher’s and Rustic Inn, of which there are pairs of each. Notably, ARKR owns Bryant Park Grill &....More>>>
American Express is joining the movement for expandedparental leave, and it’s doing so in a big way.
The credit card giant announced on Monday that it would be widening its parental leave program to now offer paid maternal or paternal leave for up to 20 weeks. Mothers who give birth and need additional medical leave will also be able to take another six to eight weeks before returning....More>>>
Oil has been on a rollercoaster ride, making and stealing fortunes for and from speculators. Since mid-June, oil has plunged approximately 60%, which has been due to oversupply and slowing global economic growth, the latter of which leads to reduced demand. Earlier this year Feb. 11 to be exact oil hit a low of $26.05/barrel. Some economists and analysts feel as though the $30/barrel level can....More>>>
When Warren Buffett dissolved his investment partnership in 1969 to focus on Berkshire Hathaway, the company he had acquired a few years earlier, he recommended that his clients invest in the Sequoia Fund (SEQUX). It was great advicefor more than three decades, anyway.
See Also: 5 Good Places to Put Your Money During a Bear Market
When I recommended five low-risk funds to Kiplinger....More>>>
Picking stocks in a bull market is so easy the GEICO caveman could do it. After all, when the broader market indices, like the S&P 500, trade at average price-to-earnings (P/E) and price-to-sales ratios (P/S) of 24.4 and 2.2, respectively, just about every stock in the index is rising.
When buying a home, the most important numbers for mortgage lenders are the buyer’s credit score and the buyer’s debt-to-income ratio. The first is a summary of how the buyer has been managing debt and the second indicates whether the lender can reasonably expect the borrower to be