A week before the powers that be in the nation’s capital mercifully managed not to default on Treasury debt, one of my favorite tax-exempt bond managers, Eve Lando, of Thornburg Funds, said to “run, not walk” to municipal bonds. She noted that state and local bonds had moved little in price and yield all spring,… Continue reading Municipal Bonds Stand Firm
China’s Economy Weakened by Low House Prices and Falling Exports: Kiplinger Economic Forecasts
China’s economy relies heavily on manufacturing and exports, but inflation and COVID restrictions have affected the status quo. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of… Continue reading China’s Economy Weakened by Low House Prices and Falling Exports: Kiplinger Economic Forecasts
The Investment Strategy You Need Now
Make a plan and stick with it. That’s one piece of investing advice that gurus of all sorts – no matter how they approach the market – agree on. What they’re talking about is having an asset allocation plan, which divvies up your money into stocks, bonds, cash and other assets in appropriate proportions according… Continue reading The Investment Strategy You Need Now
Investing Jargon, Explained
Are you an “accredited investor”? Do you want to buy some “ADRs”? How do you make money on “call options”? The investment world is rife with technical terms that can have surprisingly negative effects on your ability to build a financial nest egg, says Patrick Heck, a research psychologist for the Consumer Financial Protection Bureau.… Continue reading Investing Jargon, Explained
Stock Market Today: Stocks Pop on Upbeat Inflation Data; Apple Hits $3T Market Cap
Stocks shot higher out of the gate Friday and stayed there through the close thanks to an encouraging reading on inflation. That data followed other recent reports showing a resilient U.S. economy – and tempered expectations for two more interest rate hikes this year. Ahead of the opening bell, the Bureau of Economic Analysis… Continue reading Stock Market Today: Stocks Pop on Upbeat Inflation Data; Apple Hits $3T Market Cap
SAFE Banking Act Heads Back to Capitol Hill: This Week in Cannabis Investing
There is a concerted effort in the Senate to pass the SAFE Banking Act. The bipartisan bill, also known as the Secure and Fair Enforcement Bank, is expected to be reviewed next month when the Senate resumes following the Independence Day recess. Senator Steve Daines (R-Montana) says that now is the “best” time to pass… Continue reading SAFE Banking Act Heads Back to Capitol Hill: This Week in Cannabis Investing
Cooling Labor Market Can Help Inflation Come Down: Kiplinger Economic Forecasts
Inflation is affected by a multitude of factors in the economy, and it’s not always easy to keep tabs on all of them. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts… Continue reading Cooling Labor Market Can Help Inflation Come Down: Kiplinger Economic Forecasts
Stock Market Today: Stocks Close Mixed After Fed Stress Tests, GDP
Stocks closed mostly higher Thursday after the latest round of economic data eased recession worries and financial shares jumped following the results of the Federal Reserve’s annual stress test. On the economic front, the final reading on gross domestic product (GDP) showed the U.S. economy grew at a 2% annualized pace in the first quarter,… Continue reading Stock Market Today: Stocks Close Mixed After Fed Stress Tests, GDP