As investors look for ways to improve their risk-return profiles, many are seeking out stability and companies that have a reputation for rewarding investors with regular payouts. Today we’ll discuss a particularly attractive ticker from an asset class known for offering strength and stability during highly volatile...
Stocks were sharply lower to start the day as U.S. Treasury Yield rates continued to climb. Before the bell, the benchmark 10-year yield hit 3.185%, its highest level since late 2018, adding pressure to the tech stocks. Before the bell, the Dow and the S&P 500 were...
Following a sharp sell-off during yesterday’s trading session, stocks continued to lose traction overnight, slipping deeper into the red during pre-market trading this morning. Yesterday’s losses erased gains from Wednesday’s post-FOMC meeting rally after Fed Chair Powell ruled out the prospects of more significant rate hikes.
Stocks inched higher in early trading ahead of a pivotal Fed rate decision slated for release this afternoon. Investors are expecting a more hawkish Fed. According to a recent CNBC survey, the central bank is widely expected to raise rates by 50 basis points and a second...
Fears are growing that the Fed’s aggressiveness will strain a vulnerable economy. Chatter on Wall Street has been intensifying about concerns that the Fed’s attempt to beat inflation could inadvertently push the economy into a recession.
“A recession at this stage is almost inevitable,”...