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You may have noticed that lately, the media is pumping out more stories on how the US economy and stock markets are leading the world.
Well,
» Read more about: This ‘All-American’ Market Edge Could Send Your Dividends Soaring »
[Originally published by the New York Sun. Reprinted with permission of the author.]
Although the Federal Reserve is and thinks of itself as part of the government, 100% of the $37 billion in paid-in stock of its twelve component Federal Reserve Banks (FRBs) is owned by private shareholders.
» Read more about: How Can the Fed Pay Dividends to Its Shareholders When It Has No Profits? »
Warren Buffett bought his house in 1958 for $31,500. In today’s dollars, that comes to $342,691.
In other words, Buffett bought a middle-class home and has lived in it ever since — despite being the eighth-richest person in the world.
THE S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the US economy.
Stocks oscillated between gains and losses throughout the day. Equities received an initial lift from a Labor Department report that showed the producer price index rose less than expected in December,
» Read more about: US: S&P 500 edges higher, Nasdaq dips in choppy session as inflation data eyed »
Cryptocurrencies promise to be central to Donald Trump’s economic policies in his second term as US president. Arguably his most controversial proposal is the creation of a strategic bitcoin reserve (SBR). This would involve the US buying up large amounts of the cryptocurrency over the coming years to hold as a reserve,
Owning shares in Tesla (NASDAQ: TSLA) has been a veritable goldmine for some investors. If I had bought Tesla stock at the right point in October, for example, I would now be showing a paper gain of 85% — in under three months.
I am a long-term investor though.
» Read more about: Is there any growth potential left in Tesla stock? »
Investing
Apple (NASDAQ:AAPL) shares have been a major winner over the past decade. And while I’ve resisted the temptation to sell as negative headlines flowed in, primarily regarding weaker iPhone sales,
Rising stock prices tend to bode well for BlackRock, the world’s largest money manager, as inflows boost the hundreds of funds it offers. The past quarter was likely no exception.
Analysts tracked by FactSet expect the New York-based firm to report a record $11.65 trillion of assets under management when it reports fourth-quarter and full-year earnings on Wednesday.
» Read more about: Wall Street Expects BlackRock’s Assets to Hit Fresh Record »
Investors need to pay close attention to Camden National (CAC) stock based on the movements in the options market lately.
» Read more about: Implied Volatility Surging for Camden National (CAC) Stock Options »