Tag Archives: Investors

A whipsawed Wall Street can expect to see even more volatility ahead as the Federal Reserve gears up its first rate hike campaign of the pandemic era, one investor told Yahoo Finance this week. The Dow dropped 200 points Friday, as markets closed out a volatile week with its second consecutive weekly loss. The new year has gotten off to a rough start, following underwhelming earnings reports from major banks and lackluster economic data — adding to the risk of higher rates as inflation… Source link

Stocks rose Wednesday as investors eyed a new report on inflation, which showed another decades-high rate of price increases across the recovering economy. Still, this came a day following remarks from Federal Reserve Chair Jerome Powell reasserting that the central bank would step in as needed to rein in rising prices.   The Bureau of Labor Statistics’ December Consumer Price Index (CPI) showed prices rose at a 7.0% year-over-year rate at the end of 2021, marking the fastest increase since… Source link

Retail investors haven’t lost confidence in the bull market in stocks (yet) despite a tough start to the year, according to new data from Bank of America’s strategy team of Savita Subramanian and Jill Carey Hall. “BofA Securities clients were small net buyers of U.S. equities the first week of 2022 ($0.5 billion), during which the S&P 500 fell 1.9%. Clients bought both ETFs and stocks. Retail and hedge funds clients led the buying last week while institutional clients began the year with… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 7, 2021 The world’s two largest economies are having serious identity crises The occasion of the first anniversary of the Jan. 6 riot on Capitol Hill provides a chance to explore something that’s been on my mind for at least a couple of years. Even with its dynamic economy and enviable growth, America’s all-consuming political… Source link

Soaring retail and institutional interest in cryptocurrency last year also led to a boom in criminal activity that cost investors billions, underscoring the urgency of efforts to regulate the digital coin movement.  According to research firm Chainalysis, cryptocurrency addresses associated with illegal activity accumulated $14 billion. But when weighted against all cryptocurrency activity, the figure accounted for a relatively paltry 0.15% of total funds changing hands on any blockchain —… Source link

Theranos founder Elizabeth Holmes was convicted on three counts of criminal wire fraud and one count of conspiracy to commit wire fraud Monday, with a jury unanimously finding her guilty of illegally fleecing investors out of millions of dollars through her startup blood diagnostics company.  The jury deadlocked on three counts of wire fraud, and she was found not guilty on four counts of defrauding patients. Holmes, 37, turned toward the judge and jurors as the judge’s deputy read the… Source link

After a nearly 29% total return for the S&P 500 this year, history suggests 2022 may see more gains for investors. Truist Advisory Services co-chief investment officer Keith Lerner found that going back to 1950, when the S&P 500 had a total return of at least 25% in a year, stocks usually rose in the following year. The outcome during that 71 year stretch: stocks advanced 82% of the time, or 14 out of 17 instances.  As the data shows, however, it’s not always sunshine and rainbows after a big… Source link

Major indexes are poised to end the year boosted by the “Santa Claus Rally” effect, as the market shrugs off concerns associated with surging COVID-19 case numbers across the U.S. and the world. But according to NJ-based financial services firm Hennon & Walsh, the Omicron variant remains among the top uncertainties in the market heading into the new year, regardless of whether investors are currently interpreting it as such.  “The two biggest uncertainties for investors right now clearly… Source link

If you want to know who really controls Kathmandu Holdings Limited (NZSE:KMD), then you’ll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Companies that used to be publicly owned tend to have lower insider ownership. With a market capitalization of NZ$1.1b, Kathmandu Holdings is a small cap stock, so it might not be well known by many… Source link

The Federal Reserve’s surprisingly hawkish policy turn has had a surprise beneficiary: Cryptocurrencies. Digital coins extended gains on Thursday after the Fed stepped up its taper, and laid the foundation for a tightening cycle that could bring as many as three rate hikes in 2022. Normally, cryptocurrency benefits from loose monetary policy and its inflationary side-effects; but at least for now, investors are taking the longer view. Bitcoin (BTC-USD), barely a week removed from an ugly… Source link