Still opportunities for investors looking to get more defensive and add exposure to areas of market offering attractive yields The oil and gas industry tops Rosenberg Research’s rankings for income investors. Photo by Brandon Harder/Regina Leader-Post By David Rosenberg and Marius Jongstra Advertisement 2 This advertisement has not loaded yet, but your article continues below.… Continue reading David Rosenberg: Identifying opportunities for income investors by screening for dividend yield
Stock Market Today: Energy Sector Leads Equity Comeback | Kiplinger
Stock Market Today Oil stocks helped the broader stock market ignore a troubling retail signal and more rate-hike fears Tuesday.The major indexes swung to a positive finish Tuesday after shrugging off a couple of would-be headwinds. “After holding on to slight gains late in the trading session yesterday, U.S. equities came under considerable pressure overnight… Continue reading Stock Market Today: Energy Sector Leads Equity Comeback | Kiplinger
Ken Griffin’s Citadel Securities is reportedly creating a crypto trading marketplace in a joint effort to increase liquidity
Citadel Securities is building a crypto trading marketplace, CoinDesk reported Tuesday. The market maker is working with Virtu Financial and venture capital firms, a source told the crypto publication. Griffin had been a crypto skeptic before changing his mind. Loading Something is loading. Citadel Securities – the market maker owned by billionaire Ken Griffin –… Continue reading Ken Griffin’s Citadel Securities is reportedly creating a crypto trading marketplace in a joint effort to increase liquidity
US stocks finish higher as investors set aside Target’s profit warning and World Bank’s dimmer growth view
US stocks ended Tuesday’s session with a win, marking the second straight gain for Wall Street’s key indexes. Target shares weighed on the consumer discretionary sector after issuing its second profit warning in less than a month. The World Bank cut its Q2 growth projection to 2.9% from 4.1%. Loading Something is loading. US stocks… Continue reading US stocks finish higher as investors set aside Target’s profit warning and World Bank’s dimmer growth view
Oil prices could hit $150 a barrel or more with demand destruction likely by the end of the year, says global commodities trader Trafigura
Oil prices could reach $150 a barrel this year, Trafigura’s CEO said Tuesday. “If we see very high energy prices for a period of time we will eventually see demand destruction,” said Jeremy Weir. Loosening restrictions in China will likely also add to pricing pressures. Loading Something is loading. Oil prices could reach $150 per… Continue reading Oil prices could hit $150 a barrel or more with demand destruction likely by the end of the year, says global commodities trader Trafigura
The Treasury is blocking US investors from buying all Russian debt and stocks as sanctions against Moscow continue to pile up
The US Treasury upped its sanctions against Russia on Monday by prohibiting US investors from buying Russian securities.The updated guidance from the Treasury Department says US investors can no longer purchase Russian debt or stocks in the secondary market.Russia’s central bank had already closed its stock market to foreign investors in the early days of… Continue reading The Treasury is blocking US investors from buying all Russian debt and stocks as sanctions against Moscow continue to pile up
China has the world’s largest foreign exchange reserves — and it just grew for the first time in 2022 as the US dollar strengthens
China’s foreign exchange reserves, which are the world’s largest, increased for the first time this year, state data shows. China’s reserves rose by $80.6 billion last month to reach $3.13 trillion in May. The growth came as the US dollar hit a 20-year high last month. Loading Something is loading. China’s foreign exchange reserves —… Continue reading China has the world’s largest foreign exchange reserves — and it just grew for the first time in 2022 as the US dollar strengthens
10 Steps to Avoiding Tax-Return Identity Theft
1. Leave your Social Security card homeTax-return identity theft almost always involves a stolen Social Security number (SSN), since the IRS and state tax authorities use these numbers to identify taxpayers. The thief uses your stolen SSN to file a fraudulent tax return early in tax season—before you’re likely to file—and then pockets the refund.To… Continue reading 10 Steps to Avoiding Tax-Return Identity Theft