Federal Reserve faces unorthodox leadership change: Warsh enters, Powell remains
WASHINGTON (AP) — President Trump’s pick to lead the Federal Reserve, Kevin Warsh, has said he wants to bring “regime change” to the central bank, but if confirmed by the Senate he will find a Fed already transformed by the White House’s attacks.
For the first in almost five decades,
Read MoreApple's stock has gone nowhere for 6 months. Traders expect a wild ride Thursday night
Federal Reserve faces unorthodox leadership change: Warsh enters, Powell remains
WASHINGTON (AP) — President Trump’s pick to lead the Federal Reserve, Kevin Warsh, has said he wants to bring “regime change” to the central bank, but if confirmed by the Senate he will find a Fed already transformed by the White House’s attacks.
For the first in almost five decades, there will be a former chair on the central bank’s board,
Read MoreLeveraged loan funds endure rocky Q1, while CLO ETFs draw inflows
A loan market rally in April, consecutive weekly inflows to loan funds, and diminished expectations for Fed rate cuts may help reverse what has been a persistent draining of assets under management from these fixed-income funds. In March, AUM at leveraged loan ETFs, mutual funds, and closed-end funds collectively fell by $3.9 billion,
» Read more about: Leveraged loan funds endure rocky Q1, while CLO ETFs draw inflows »
Read MoreNASDAQ Index, SP500, Dow Jones Forecasts – Stocks Pull Back As Oil Soars
WTI oil rallied above the $105.00 level. Brent oil made an attempt to settle above $115.00 as traders evaluated the risks of a new round of war in the Middle East.
At the time of writing, UAE has not retaliated against Iran. President Trump did not comment on the issue. The key question is whether U.S.
» Read more about: NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Pull Back As Oil Soars »
Read MoreThe Burst
Extraordinary Buying Opportunity in Market Leader
Happy July 4th to our American readers.
PayPal has faced its fair share of difficulties but with the S&P 500 setting new all-time highs, this beaten down market leader may be on the cusp of returning to former glories.
While PayPal rode the wave of an upsurge during the pandemic lockdowns that drove contactless ordering,
» Read more about: Extraordinary Buying Opportunity in Market Leader »
Read MoreThe Ivy
Up 10x Is Palantir Still a Deal?
Palantir Technologies (NASDAQ:PLTR) has been one of the undisputed victors in the AI boom and has defined the stock market for the past two years.
In the last 12 months alone, PLTR shares are up more than 350% on the back of rapid growth in the commercial business and tremendous investor enthusiasm for AI applications in the corporate world.
» Read more about: Up 10x Is Palantir Still a Deal? »
Read MoreThe Spotlight
Why You MUST Own Blue-Chip Stocks
Some of the most tried and true investing strategies can make buying stocks less risky over time. Among the best strategies is blue chip investing: buying stocks of well-known companies with solid financial track records.
These stocks have several competitive advantages. While they are not immune to market downturns,