Top Fed Official Raises Prospect of Rate Hike Amid Iran War
A top Federal Reserve official said Monday that an interest rate hike could be necessary if inflation remains persistently above the central bank’s 2 percent target—the latest sign that some policymakers are shifting away from a bias toward cutting borrowing costs, even as the Iran war continues to roil global energy markets.
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Read MoreKey Fed official sees possible rate hike amid higher gas prices and inflation concerns
WASHINGTON — A top Federal Reserve official said Monday that an interest rate hike could be appropriate if inflation remains persistently above the central bank’s 2% target, the latest sign that some policymakers are moving away from a bias toward reducing borrowing costs.
Beth Hammack, president of the Federal Reserve Bank of Cleveland,
Read MoreHow are stock options taxed?
Historically, options contracts have been a niche market occupied by professional investors. All that changed in recent years with the rise of no-fee online brokers. Now, retail investors trade …
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Read MoreLives of ETFs Get Shorter as More Funds Shutter Than Ever Before
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Some ETFs are going out of style faster than fidget spinners in 2017.
The average lifespan of a liquidated ETF this year is just 1.75 years,
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Read MoreThe Great Repricing Is Creating Generational Opportunities in Agentic AI Growth Stocks
Many technology stocks have been absolutely slammed over the past six months, as investors try to determine which companies will accelerate because of artificial intelligence (AI) and which will be left in the dust.
But the funny thing about investors is that, unsurprisingly, they don’t always get things right.
The massive sell-offs in software and hardware tech stocks have left some high-growth companies that are benefiting from agentic AI looking like great deals.
Read MoreThe Burst
Champion Trader vs Cathie Wood: Who Wins?
A battle between a great trader and a prominent money manager has taken place in recent years. Mark Minervini, 2x US trading champion, has taken shots at billion dollar money manager, Cathie Wood of ARK Invest.
His primary critique appears to be based in a rule that he has observed over time. A stock that has fallen 80% can decline by another 50%.
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Read MoreThe Ivy
66% Upside In Asian Ride-sharing Stock?
Grab Holdings has evolved into Southeast Asia’s leading super-app with operations spanning ride-hailing, food/grocery delivery, and financial services.
Growth momentum has been strong, particularly since 2023 which was a pivotal year when Grab hit its first quarterly profit. That took place in Q4 2023 on $653 million revenue, up 30% year-on-year.
Under the hood,
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Read MoreThe Spotlight
Market Commentary: 1 Dividend Stock To Turn $35,000 Into $100,000
When you go hunting for dividend-paying stocks, a tenured growth streak offers a lot of confidence that the company can sustain its payout to shareholders. One stock that fits that bill is Enterprise Products Partners, a midstream energy company that offers a mouth-watering 7.44% dividend.
Key Points
- EPD is a monster cash producer,
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