Category: Uncategorized
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Trump promises $5,000 for every American adult: How will it affect US economy
Trump promises $5,000 to every US adult US president Donald Trump on Wednesday promised a $5,000 payment to every American adult if Republicans retain control of both the House and Senate in the November midterm elections, in a striking bid to bolster his party’s weakening electoral position.“If the Republicans win, you win with us and…
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Why JPMorgan says the US economy can withstand surging oil prices
Surging oil prices have long been anathema to markets and the economy, but the latest shock may not matter as much this time around, JPMorgan Private Bank says. Oil spiked back back above the $100-a-barrel mark last week, an important psychological threshold that has come to signal energy-market stress. Brent crude, the international benchmark, surpassed…
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AI stocks hold steadier as Wall Street drifts lower ahead of the Federal Reserve’s meeting
By STAN CHOE, AP Business Writer NEW YORK (AP) — The U.S. stock market is slipping Tuesday as oil prices and the bond market crank up the pressure on Wall Street. The S&P 500 fell 0.4%. The Dow Jones Industrial Average was down 440 points, or 0.8%, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 0.7%…
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Forget the 4 Percent Rule: These 3 ETFs Turn $500,000 Into More Than $55,000 a Year Without Selling a Share
Selling shares in retirement hands the market control over your income, but three ETFs built on options premiums and leveraged preferred stock flip that equation entirely, and not all of them work the same way in a taxable account. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation…
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HYG vs JNK: The Two Biggest Junk Bond ETFs Look Identical, but the Cheaper One Pays More
Quick Read JNK charges a 0.40% expense ratio and yields ~1 full percentage point more than HYG, which costs 0.49% and yields mid-6%. JNK’s higher payout comes from holding riskier, more leveraged names, meaning deeper drawdowns when credit spreads widen. HYG dominates options and hedging markets, making it the sharper tool for traders despite its…
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US Stock Futures Edge Lower as 10-Year Treasury Yield Moves Above 5%: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures pointed to a slightly lower open on Tuesday as the yield on the benchmark 10-year Treasury moved back above 5%, while investors awaited the Federal Reserve’s monetary policy decision. The 10-year yield reached its highest level since July 2007 amid continued market attention on inflation and the outlook for US interest rates.…
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Dow, Nasdaq, S&P 500 open slightly lower ahead of Fed decision
US equity markets opened in the red on Monday as traders waited for the Federal Reserve to act. The FOMC’s two-day meeting kicked off September 15, with a rate decision expected the following day, and the consensus view is that the central bank will raise rates for the first time since 2023. Futures pointed to…
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US stock market today: Dow falls over 250 points as 10-year Treasury yield hits 19-year high
US stocks opened lower on Tuesday, September 15, as investors turned cautious ahead of the Federal Reserve’s interest-rate decision on Wednesday, while a sharp rise in Treasury yields added to pressure on equities. The Dow Jones Industrial Average fell around 280 points, or 0.5%, in early trading. The S&P 500 and Nasdaq Composite slipped about…
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The four horsemen of the apocalypse are coming for the global economy
Four powerful shocks are hitting the world economy at the same time. They are escalating and feeding on each other, driving a commodity spiral that can end only in an inflationary blow-off. The effects are ripping through the global bond markets and confronting central banks with an impossible dilemma. Yields on 10-year US Treasuries have…
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Canada remains 'most important partner' for US in 'key areas': Carney
Canadian Prime Minister Mark Carney has warned that US trade hostility should be viewed as the new normal and that Canada needs to diversify (Dave Chan) Canada will remain a crucial partner for the United States in “key areas,” Prime Minister Mark Carney said Tuesday as he addressed a meeting of top global investors. Carney…