Tame CPI data sent investors back into beaten-down regional-bank stocks and bonds.
It’s hard to find stocks that offer “pure play” exposure to silver, but BofA Securities analyst Michael Widmer recommended a couple that investors could buy to ride the continued rally in the precious metal.
The cumulative U.S. budget deficit has reached $1.202 trillion with the federal government now two-thirds through its current fiscal year, driven in part by rising interest payments on the national debt.
The Federal Reserve’s roughly $1 trillion pile of paper losses stemming from its underwater securities holdings have begun to turn into more than $100 billion in actual losses, with no relief in sight.
Wall Street investors are cheering an inflation report showing no monthly increase in the cost of living during May — but good luck convincing consumers that the flat numbers are positive news.
CreditSights is advising investors to await new bond issuance related to HPE’s acquisition of Juniper Networks.
A team of analysts at SocGen recommend investors protect their gains by buying a put spread that would deliver a max payout if the S&P 500 falls 15%
Two big things just happened on Wall Street in response to the latest inflation data. And both of them should give President Joe Biden some rare relief in his presidential campaign.
