Day: January 14, 2022

China
China Builders
China Property Bubble

Xi Reshapes China Property Market Paving Way for State Dominance

(Bloomberg) — For any government, overhauling a nationwide residential real estate market would be risky under the best of circumstances. Chinese President Xi Jinping is attempting it at a time when the economy is slowing, omicron is threatening his zero-Covid policy and relations with the outside world are increasingly fraught. As that perilous combination takes […]

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Federal Reserve
Housing Market
Housing Market Bubble

Roaring U.S. housing market may cool, keep climbing as Fed ends emergency support

U.S. home prices roared almost 20% higher in the past year, giving families who own properties a major boost to their finances during the pandemic. But Wall Street, a key source of home mortgage finance, sees important questions ahead for the red-hot housing market, now that the Federal Reserve has shifted its focus to tackle […]

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Home Mortgage
Mortgage
Mortgage Rates
Mortgage Refinance

Mortgage Rates Surge. The Pandemic’s Ultralow Rates Are Over.

The average rate of a 30-year fixed-rate mortgage was 3.45% this week. Brandon Bell/Getty Images Mortgage rates climbed to their highest point since March 2020, according to data released Thursday. It’s the latest sign that the pandemic’s ultralow rates are a thing of the past. The average rate of a 30-year fixed-rate mortgage was 3.45% […]

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Retirement
Retirement Accounts
Retirement Living
Retirement Plan

The No. 1 thing that can improve the retirement security of older workers

Ready for today’s retirement investing pop quiz? What’s the single most consequential thing you can do to improve your chances of not running out of money in retirement? I’ll try answering this question in a minute, but I’ll note first that chances are good that this question isn’t just hypothetical but applies to you personally. […]

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Crude Oil
Diversified Oil and Gas services
Oil
Trade Of The Day

Callon Petroleum Company (CPE) Is Ready To Rocket Higher

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. CPE $57.0000 3.6900 % 6.9200 Callon Petroleum Company Sector : Oils-Energy Industry : Signal Short Term Trend Long Term Trend BUY UP UP Day: 6.92% Wk: […]

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Diversified Oil and Gas services
Leading Stocks
Top Stocks
Top Stocks To Watch

3 Top Gas Distribution Stocks To Buy Now

ONEOK, Inc. (OKE) ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain […]

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Bonds
Interest Rates

Bonds’ Steep Selloff Isn’t Reason to Worry. How to Keep Calm.

Treasury building in Washington, D.C. Erin Scott/Bloomberg There’s a well-known adage, often mistakenly described as a Chinese curse: “May you live in interesting times.” This certainty rings true for bond investors who, having witnessed a tumultuous 2021, saw a steep selloff in bonds in the first few days of January. While it is easy to […]

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Income Tax

States With No Income Tax

What to know about state income tax rates The vast majority of states levy some form of tax on personal income, but each state’s approach varies. In 2022, eight states levy no individual income tax of any kind, and with the addition of New Hampshire in the coming years, that number will soon grow to […]

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Banking Sector
Banks
Fed Rate Hikes

Big banks ready themselves for Fed rate hikes — which could be good and bad

The Federal Reserve hasn’t done anything with interest rates yet, but bank earnings released Friday show that the mere anticipation of a pullback in easy money policies is weighing on the industry. On Friday, three of the nation’s four largest banks reported earnings covering the final quarter of 2021: JPMorgan Chase (JPM), Citigroup (C), and […]

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Digital Entertainment
Netflix
Streaming Media

Netflix raises subscriber prices ahead of earnings

Netflix (NFLX) stock rose slightly in Friday afternoon trading after the streaming platform raised the price of its subscriptions by $1-2. Netflix’s basic plan in the U.S. rose by $1 to $9.99 per month. The standard U.S. subscription now costs $15.49 per month, up from $13.99. Netflix’s premium plan was increased to $19.99 per month […]

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Commodities
Commodity Prices
Crude Oil
Oil
Oil Price

Commodity Trader King Eyes $200 Oil After Record Hedge Fund Gain

(Bloomberg) — A hedge fund run by commodities trader Doug King posted a record return last year, thanks to soaring energy, food, power and freight prices. King’s $244 million Merchant Commodity Fund gained 74%, beating its previous best of 59% in 2014, according to an investor letter seen by Bloomberg. London-based King, 55, is among […]

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