ETFs & Mutual Funds
The stock market was able to rally last week despite the larger-than-expected 0.50% rate cut by the FOMC. As is often the case the averages gyrated after Fed Chair Powell’s press conference and higher open the Dow Industrials closed down 293 points. Most will be happy that September is now…
Doubts about the strength and longevity of the gold boom, because it appears to a financial markets event based on trading in derivatives, have been raised by one of the gold industries best placed observers, Ross Norman. Chief executive of Metals Daily, a London-based website and gold trading forum, Norman…
The focus last week was on the latest data on inflation from the Consumer Price Index and the markets focused on the fact that the “increase in overall inflation slowed to 2.5% from 2.9% and hit the lowest levels since 2021.” The price action in the S&P 500 reflected an…
Few mutual fund managers can come close to this former Legg Mason portfolio manager’s 15-year market-beating record. Below he discusses lessons he has learned, plus his firm’s top ten holdings. By John Dobosz, Forbes Staff Inthe pantheon of successful mutual fund managers, Peter Lynch is perhaps the most famous, running…
It has been quite a month for the stock market as on August 1st many of the major averages had their largest one-day decline since October 2022. The sharp decline in US interest rates on August 1st moved the USD/Yen exchange rate even lower as it peaked in late June…
Private equity has been on a tear for the past few years. While Mega Caps have soared and Small Caps have languished, 100’s of companies, such as SpaceX, Xai, Anthropic, Stripe, etc. have quietly been raising billions of dollars each year, mostly from Institutional and High Net Worth (HNW) investors.…
Given the explosion over the past decade in stock market information and advice, it is not surprising that few investors or traders take the time to look at monthly data on stocks or ETFs. As each month ends I run several different scans on different lists, indices and sectors. My…
The Federal Reserve kept interest rates unchanged in the range of 5.25% to 5.5% Wednesday, and reduced its security holdings. It added that there will not be an interest rate cut until it has gained greater confidence that inflation is moving toward its target range of 2%. However, the Fed…
The stock market decline last Wednesday was the heaviest since October 14, 2022, when the S&P dropped 2.37% and the Nasdaq Composite was down 3.08%. That decline was in reaction to the hotter-than-expected CPI report for September 2022. The declines last week were very similar, as the S&P lost 2.3%…
It was really only a matter of time. Just seven months after the first spot Bitcoin ETFs hit the market, the Securities and Exchange Commission (SEC) approved for trading on Tuesday nine ETFs that track the Ether cryptocurrency. But the market wasn’t kind to the new products as they all…
