Municipals were weaker in spots Wednesday as outflows from mutual funds intensified. U.S. Treasury yields fell, and equities ended higher. The three-year muni-UST ratio was at 62%, the five-year at 66%, the 10-year at 69% and the 30-year at 93%, according to Refinitiv MMD’s 3 p.m. read. ICE Data Services had the three at 63%,
Ukraine’s president Volodymyr Zelenskyy struck a defiant tone at the White House on Wednesday, questioning whether Kyiv could ever reach a “just peace” with Moscow and pressing Joe Biden to send additional weapons to sustain his war effort through the winter. The US president used a joint appearance with Zelenskyy, whose Washington trip was his
Bob Pisani’s book “Shut Up & Keep Talking” CNBC (Below is an excerpt from Bob Pisani’s new book “Shut Up and Keep Talking: Lessons on Life and Investing from the Floor of the New York Stock Exchange.”) Most people like to think that they’re rational. But — at least when it comes to investing —
Sales of existing homes fell 7.7% in November compared with October, according to the National Association of Realtors. The seasonally adjusted annualized pace was 4.09 million units. That is weaker than the 4.17 million units housing analysts had predicted, and it was a much deeper fall than usual monthly declines. Sales were down 35.4% year
Bitcoin (BTC) divided traders yet again on Dec. 21 as sideways BTC price action split opinion on the future. $17,500 becomes popular BTC price target Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it acted within a tight range just below $17,000. A single brief spike above the $17,000 mark failed to last,
Today I’m going to show you the 3 different ways you can use to make money when it comes to trading options and why I think trading options is better than trading stocks. Also, our new Options Foundation course (Version 2.0) is out now! If you are brand new to trading options, this course will
Despite concerns over a bubble and regulation, biotech investing remains very hot for investors. It doesn’t hurt that even with the recent sell-off the space is easily outperforming broad indexes so far in 2015. But with added risks, it might be time for investors to consider an ETF approach to the space so that one
Municipals were weaker across the curve Tuesday with the short end being hit the hardest, causing the muni curve to invert further. U.S. Treasuries extended their selloff out long and equities reversed losses to close out in the black. Triple-A municipal yields rose up to 10 basis points on the one year, depending on the
A ‘For Rent’ sign in front of a building on December 06, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images Rents for both single-family homes and apartments are still rising, but at a far slower pace, as inflation squeezes consumers and landlords lose pricing power. Rent growth in November slowed for the 10th
Health chiefs have warned they cannot guarantee patient safety when ambulance workers launch strike action on Wednesday, as Rishi Sunak refused to reopen this year’s NHS pay deal. Health secretary Steve Barclay met ambulance unions on Tuesday to discuss cover for 999 calls during the strike in England and Wales, but the talks broke down
ESG is beset from every angle. Republicans want to cancel it. Business leaders are muffling their former enthusiasm. Some money managers have even scrubbed the three letters from their funds. To meet this fraught moment, brand executives who work with some of the largest US companies, including Amazon.com Inc. and Alphabet Inc.’s Google, have had
Share to Facebook Share to Twitter Share to Linkedin If you plan on raising your cash investment income in 2023, a position in REITs (real estate investment trusts) may help you do it. REITs are dividend-paying entities that own or finance real estate. They can make their money through rents, property sales, interest income or
The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to cool inflation. Although this marks a more typical hike compared to the super-size 0.75 percentage point moves at each of the last four meetings, the central bank is far from
Sasha Ivanov, founder and CEO of the Waves blockchain platform, is planning to launch a new stablecoin amid the ongoing crisis of the Waves-backed stablecoin, Neutrino USD (USDN). Ivanov took to Twitter on Dec. 20 to announce the USDN situation resolution plan alongside a new stablecoin project. “I will launch a new stablecoin,” Waves founder
I attempted to spend two weeks travelling in El Salvador living on Bitcoin. I tried to pay for every single thing with Bitcoin, or Satoshis, small amounts of Bitcoin. Spoiler alert, I failed. Outfoxed by car hire companies (fortunately my car of choice was not Fiat); stubborn restauranteurs, a parking meter, pupusas, and a fancy
Take a look at some of the biggest movers in the premarket: General Mills (GIS) – General Mills reported better-than-expected profit and revenue for its latest quarter, and it raised its full-year forecast. The food producer was helped by higher prices which were only partially offset by increased input costs. The stock slid 1.3% in
Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has said. A Nigerian lawmaker, Babangida Ibrahim, suggested that the Central Bank of Nigeria (CBN) is not well positioned to regulate
Today I’m going to show you a great options trading strategy that you can use to take advantage of stock market down movements and sell-offs. ? Check out our membership plans here: https://members.tradersfly.com/ Also, check out our freebies! https://tradersfly.com/freebies/ #options #optionstrading #stockmarket #investing #optionstrategy Posted at: https://tradersfly.com/blog/how-to-properly-take-advantage-of-market-down-movements-with-options-members-preview/ ? Newsletter & Announcements : https://tradersfly.com/go/tube/ ? Discord
Japanese stocks are witnessing renewed interest of late.
A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters Homebuilders were less confident about their business in December, but they are starting to see potential green shoots. Builder sentiment in the single-family housing market dropped 2 points to 31 in December on the National Association