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Investing in any of the 11 sectors of the S&P 500 index could help anyone diversify their portfolio. Yesterday, we discussed using exchange traded funds (ETFs) to gain a stake in three SPX...
In late November, US President Joseph Biden reappointed Jerome Powell as chair of the Federal Reserve. He will serve another four-year term. Given uncertainties regarding how the new Omicron variant...
The Federal Reserve is widely expected to announce the tapering of its $120 billion-per-month bond-buying program at the end of its policy meeting today. The U.S. central bank is set to trim its...
Despite shares in Morgan Stanley (NYSE:MS) returning 124.5% over the last year, the financial services behometh's forward P/E of 14.04 is only slightly higher than its main competitors, Bank of...
Yesterday, the Fed kept benchmark interest rates unchanged, close to zero. The central bank is likely to start reducing monthly asset purchases though, some believe as soon as November. However, no...
We examine how banks are moving in on a patch of fintech turf: cryptocurrencies. At first glance this appears to be counterintuitive. There are several aspects of cryptocurrencies that one might...
Warren Buffett, the widely-followed "Oracle of Omaha" who founded and is currently chairman and CEO of Berkshire Hathaway (NYSE:BRKa) (NYSE:BRKb), is one of the US's most prominent buy-and-hold value...
Wall Street's second quarter earnings season kicked off this week, with banking giants JPMorgan Chase (NYSE:JPM) and Goldman Sachs (NYSE:GS) having reported yesterday; lenders Bank of America...
With the Q4 2020 earnings season kicking off this week, results from some of the top U.S. banks could show they’re weathering the economic downturn much better than earlier anticipated. In fact,...
Over the past few weeks, the euro has been one of the best performing currencies. It rose to a nearly four-month high versus the U.S. dollar despite weaker-than-expected economic data. Eurozone...
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