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The Best Bond ETF Of 2014
Tuesday, December 23, 2014 - 1:18pm | 469Read More...With just a handful of trading days left in 2014, the race for the best performing fixed-income ETF of the year has virtually been decided. The interest rate environment this year has been one of persistent decline that has defied the odds of economists and central bankers that feared higher...
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What Finance Experts Are Saying About Mortgages
Wednesday, October 15, 2014 - 4:48pm | 648Read More...The yield on the 10-year U.S. Treasury experienced high volatility Wednesday when it traded down at 1.86 percent before moving back above 2 percent. The movement was due to weak retail sales and manufacturing data, as well as falling prices in equities and oil. Weirdest day ever in mortgage...
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Market Wrap For November 21: Dow Re-Claims 16,000 level On Positive Job Data
Thursday, November 21, 2013 - 5:40pm | 2029Read More...Encouraging news coming from the job market was enough to send the major markets higher. Initial Jobless Claims declined 21,000 to 323,000 versus an estimated 335,000. As to be expected, the Senate Banking Panel Voted in favor to approve Janet Yellen as the next Fed Chair. The Dow gained 0....
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U.S. Plans to Sell Remaining 31.1 Million Shares of General Motors
Thursday, November 21, 2013 - 2:06pm | 253Read More...In 2009 The United States Treasury, under the directive of President Obama, invested over $50 billion to save General Motors (NYSE: GM) following the company's bankruptcy filing. The U.S. government's stake of ownership amounted to over 60 percent of the company, giving the Detroit-based automaker...
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#PreMarket Primer: Friday, November 1: Fed Taper Back In Focus
Friday, November 1, 2013 - 6:36am | 1031Read More...The dollar gained momentum after positive US data on Thursday stoked speculation that the US Federal Reserve may consider tapering its stimulus spending sooner than expected. Business activity in the Midwest rose more than forecast, and new jobless claims declined. Moving forward, investors...
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Marchionne Looks to Acquire Full Chrysler Ownership
Tuesday, May 28, 2013 - 11:31am | 239Read More...Sergio Marchionne, who serves as CEO of both Fiat (OTC: FIATY) and Chrysler, is looking buy six percent of the American car company from the US Treasury, leading to majority control, according to The Wall Street Journal. The Wall Street Journal also reported that the firm hopes to buy a stake...
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US Treasury Sells 30-Year Bonds At Record Low Yields
Thursday, July 12, 2012 - 5:47pm | 397Read More...The U.S. Treasury Thursday sold 30-year bonds at record low yields of 2.58 percent, well below the previous auction's yield of 2.72 percent. The low yields confirm the flight to safety that has been seen in financial markets over the last few trading days. The U.S. Treasury sold $13 billion of 30-...
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A Euro TARP Can't Work ... Yet
Friday, June 8, 2012 - 11:52am | 406Read More...Rumors are circulating that the Treasury department is pushing for a TARP-style bailout of the European banking sector. Charlie Gasparino of Fox Business News is responsible for this latest rumor, but there are lots of problems to a European TARP or bank recapitalization. Here is why... First of...
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View From the Street: Bill Gross' Latest Investment Outlook
Thursday, May 31, 2012 - 10:39am | 572Read More...In his latest Investment Outlook, Bill Gross paints a rather bleak view of financial markets and the economy. Speaking in such beautiful metaphors that he is known for, he once again discusses the state of the financial markets through his "Plankton Theory," a theory in which the large central...
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Benzinga Forecasting Non-Farm Payrolls, Recapping Today's Economic Data (SPY, GLD, TLT, QQQ, UUP, XLF)
Thursday, May 31, 2012 - 9:38am | 517Read More...Initial jobless claims rose in the week ended May 26 and the economy continued to grow near stall speed, according to data released this morning. Initial jobless claims increased 10,000 last week to 383,000 and the prior week's number was revised higher to 373,000. In other employment news, the ADP...
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Update: US 10-Year Yields Fall Further
Wednesday, May 30, 2012 - 11:41am | 127Read More...This morning, I wrote how benchmark 10-year yields fell to record lows, which you can readhere. Currently, yields have continued to fall and just breached the 1.63% level to the downside. The low in yields was just around 1.6290, and this further sell-off is coinciding with the global risk-off...
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10 Year Yield Record Lows: How to Play It (SPY, IEF, TLH, FXY, GLD)
Wednesday, May 30, 2012 - 9:38am | 480Read More...This morning, the benchmark 10-year US treasury yield hit an all-time low of 1.65% and investors are clamoring to understand what this low of a yield means for their portfolio. What is more interesting is the increasing divergence of credit and equity markets in this respect. As shown by the chart...
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More QE, More US Downgrades, More Pain in Spain
Tuesday, May 29, 2012 - 1:21pm | 651Read More...This morning, Egan-Jones Ratings slashed its rating of the Kingdom of Spain another two notches, after cutting it two notches last week, to a rating of B. For those who are unsure, Egan-Jones uses a similar scale to S&P and Fitch, so investment grade is above BBB- and sub-investment grade is BB...
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View From the Street: Thoughts From Credit Suisse Chief Economist Dr. Neal Soss
Friday, May 25, 2012 - 10:29am | 1028Read More...I was recently able to get in touch with Credit Suisse's Chief Economist, Dr. Neal Soss, and ask him a few questions about his views on the economy. With financial markets being so macro driven over the last few years, it is crucial for investors to understand the macro picture and at least...
