Kohl's and Opendoor Headline a New Class of Meme Stocks
Individual investors are once again loading up on a group of unloved stocks and taking to social media to defend them from the haters and the short sellers.Meet the cast of the meme-stock craze,...
Trump's Relentless Fed Pressure Creates Lose-Lose Scenario for Powell
President Trump escalated his long-running public attack on the Federal Reserve, creating a lose-lose situation for the central bank as it navigates the risks of higher prices and weaker growth from tariffs.The assault has little modern precedent and forces the Fed to confront a dreadful choice: It could cut rates sharply as Trump demands and risk fueling inflation that damages its credibility with markets. Or it could maintain its current wait-and-see stance, and face further bullying that would weaken its standing if the economy slows sharply and the administration is validated in its view that inflation shouldn't be a worry.Among Fed officials who have spoken since last week's meeting, the only two to signal any appetite to cut rates at the Fed's next meeting in late July are the two appointed by Trump in his first term. Michelle Bowman said in a speech Monday that she was more worried about risks of weaker employment than hi
When discussing investing in U.S. stock ETFs, the philosophy of large-cap investing is an important strategy to consider.Below are the top 5 large-cap ETFs: $SPDR S&P 500 ETF Trust(SPY)$ , $iShares Core S&P 500 ETF(IVV)$ , $Vanguard S&P 500 ETF(VOO)$ , $Vanguard Total Stock Market ETF(VTI)$ , $Invesco QQQ Trust-ETF(QQQ)$. The top 5 ETFs collectively encompass the largest and most successful companies in the U.S. stock market.Investing in large-cap ETFs offers a multitude of benefits that can significantly enhance an investor's portfolio strategy. Here are some key advanta
Big banks performed well in 2021, and the US banking index$KBW Regional Banking Index(KRX)$ rose 33% for a whole year, outperforming S&P (27%). All five major banks have announced their fourth-quarter financial reports. In view of the general decline in trading income and the market concerns that large banks may weaken their profits next year due to cost problems, banks all fell sharply in recent days. Q4 Earnings season started under the background of high inflation and interest rate hikes, and the market focus more on earnings instead of valuation.Banks wil go upward differentially due to business structure and cost control. Under the environment