The impact of the global pandemic sometimes seems to have no end in sight – even though economic activity has been picking up enough this year to start raising a lot of questions about inflationary pressures, their impact on interest rates, and more. One of the sectors that has rallied strongly since November of last […]
Read More(Bloomberg) — Big Tech stocks may be defying the biggest outbreak of bond volatility since April 2020, but a cohort of Wall Street strategists warn that a spike in real interest rates could finally knock them from all-time highs. With the Federal Reserve likely to announce the paring of pandemic stimulus this week, Wells Fargo […]
Read MoreThe personal finance community has been buzzing this week about a little-known type of government-backed savings bond paying as much as the stock market usually pays over the long-term: A mouth-watering 7.12% that’s pretty much as safe as anything out there. They’re called Series I savings bonds and the government sets the rate of interest […]
Read More(Bloomberg) — Scott Peng knows trouble when he sees it — and right now he detects it all over markets thanks to an oncoming interest-rate “tsunami.” The Advocate Capital Management executive — who helped uncover the biggest scandal in modern banking with a damning 2008 report on Libor manipulation — has a plan. He’s launching […]
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