Target (TGT (opens in new tab)) stock tumbled Wednesday after the discount retailer once again missed Wall Street’s quarterly earnings estimate and warned that a key sales metric will decline during the critical holiday selling season. Even more troubling for investors in Target stock is that the chain has problems that are company-specific. For example,… Continue reading Is Target Stock a Buy on the Dip After Disappointing Earnings?
9 Best Value Stocks to Buy Now
published 16 November 2022 Over the past year, the old rules of investing have mostly gone out the window, but one thing hasn’t changed: Wall Street’s best value stocks continue to be an attractive place for investors to plunk down their money for the long term. And that’s likely to persist as we head into… Continue reading 9 Best Value Stocks to Buy Now
Treasury market liquidity crunch could derail the Federal Reserve’s policy, New York Fed chief says
Dysfunctioning US bond markets run the risk of undermining central bank monetary policy, according to John Williams. The New York Federal Reserve president told a conference the financial system must be strengthened. “If the Treasury market isn’t functioning well, it can impede the transmission of monetary policy to the economy,” he said. Loading Something is… Continue reading Treasury market liquidity crunch could derail the Federal Reserve’s policy, New York Fed chief says
Cathie Wood just bought shares in Grayscale’s bitcoin trust for the first time in 16 months at a deep discount
Cathie Wood’s ARK Invest just bought up shares of Grayscale Bitcoin Trust for the first time in nearly a year and a half. The ARK Next Generation Internet ETF bought 315,000 shares of the fund on Monday. The bitcoin fund is trading at a steep discount and has sharply underperformed the crypto this year. Loading… Continue reading Cathie Wood just bought shares in Grayscale’s bitcoin trust for the first time in 16 months at a deep discount
Mortgage rates fall below 7% in the largest weekly drop since July as inflationary pressures ease
A key US mortgage rate fell below 7%, marking the largest weekly fall since July, the Mortgage Bankers Association said Wednesday. The average interest rate on a 30-year fixed-rate mortgage was 6.9%, down from 7.14%. The rate has slipped as Treasury yields pull back on signs of easing inflation. Loading Something is loading. Thanks for… Continue reading Mortgage rates fall below 7% in the largest weekly drop since July as inflationary pressures ease
Home price declines will accelerate even as sales bottom out early next year, economist says
The decline in home prices will accelerate even as sales are headed for a bottom early next year, according to Pantheon Macroeconomics. The assessment came as the NAHB index fell for the 11th straight month to hit the lowest since April 2020. “The good news for homebuilders is that a floor is coming,” Pantheon economist… Continue reading Home price declines will accelerate even as sales bottom out early next year, economist says
Citadel’s Ken Griffin warns the US economy will enter an immediate ‘great depression’ if China invades Taiwan and cuts off access to its semiconductor industry
Citadel founder Ken Griffin speaks at the CNBC Delivering Alpha conference in New York on September 28, 2022.CNBC The US economy would immediately enter a great depression if China invades Taiwan, according to Citadel founder Ken Griffin.Griffin’s warning is predicated on the US potentially losing access to Taiwan’s semiconductor industry.”We are playing with fire here,… Continue reading Citadel’s Ken Griffin warns the US economy will enter an immediate ‘great depression’ if China invades Taiwan and cuts off access to its semiconductor industry
Noah Solomon: Dividends prove their value in good times and bad
Companies that pay sustainable dividends have provided the best returns over time A specialist trader working on the floor of the New York Stock Exchange. Photo by Brendan McDermid/Reuters files Companies that pay sustainable dividends have provided the best returns over time, including during periods of elevated inflation. Advertisement 2 This advertisement has not loaded… Continue reading Noah Solomon: Dividends prove their value in good times and bad
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