Legislation to permit local government bonding to pay for underfunded pension and other retirement liabilities through 2023 is making its way through the lame-duck session of the Michigan legislature. Without an extender, the existing law will expire Dec. 31. The legislation, which would also lower the ratings floor at which municipalities would be eligible to
0 Comments
Thoughtful Blond Young Woman with Pouting Lips Holding Red Gift Box Against White Background.Getty In my monthly newsletter, the Forbes Real Estate Investor, I cover over 150 Real Estate Investment Trusts (or REITs) – with useful data, including recommendations that range from Strong Buy to Strong Sell. A few of my picks are referred to
0 Comments
Jerome Powell, chairman of the U.S. Federal Reserve. The future actions of the Fed will have a key impact on bond markets. Photographer: Andrew Harrer/Bloomberg We’re now firmly into a rising interest rate cycle in the U.S. With several bond metrics approaching extreme levels relative to recent history, here are a few things to be aware of, and
0 Comments
Share to facebook Share to twitter Share to linkedin Shutterstock Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. 
0 Comments
Investors are often told to diversify and choose low-cost index funds or exchange traded funds (ETFs). Still, the S&P 500 Index is weighted by market capitalization and a volatile October emphasized how much risk was concentrated at the top. So what’s an investor to do? Mike Loewengart, E-Trade’s vice president for investment strategy, outlined ways
0 Comments
The Invesco Currency Shares British Pound Stlg (FXB) ETF, which tracks the British Pound against the US Dollar, has slid by about 12.33% from its 52-week high in April 2018. Concerns surrounding Brexit has been the predominant reason for the weakening Pound, whereas the USD strengthened strongly this year amid a hawkish Fed, which has
0 Comments
In this market, investors should opt for individual stocks instead of exchange-traded funds, which often lump together shares of companies with conflicting trajectories, CNBC’s Jim Cramer said Tuesday after a turbulent trading session. Using the technology sector as an example, the “Mad Money” host outlined the crosscurrents making the group particularly “complicated.” Apple’s stock has
0 Comments
Firefighters prepare to enter the Broadhurst Theatre on December 10, 2018.Personal Collection Despite slowing sales of Anastasia at the box office, the Broadhurst Theatre remains a hot venue. Several hours ago, a small fire broke out in the lower lounge of the Broadway theater. Deputy chief Joseph Ferrante and his team of firefighters from the New York
0 Comments
Bitcoin (BTC) made a rather dramatic comeback just 48 hours ago. At press time, the world’s first digital currency is currently trading above $4,300. The entire crypto community is buzzing, as most altcoins have followed BTC’s upward movements. Bitcoin (BTC) Comeback The cryptocurrency community took a huge hit in mid-November when Bitcoin Cash miners started
0 Comments
Shutterstock Wall Street is working on a new platform which will ease the trading, storing and spending digital assets. That’s bullish for bitcoin and other cryptocurrencies. It will help them gain acceptance among investors, merchants and consumers. Last week, Intercontinental Exchange (ICE) announced plans to form a new company, Bakkt, with the purpose to create
0 Comments
One of the fundamental components of Responsible Investing, particular those strategies with a focus on environmental, social and governance (ESG) factors, is diversity. While some may continue to struggle with diversity from a wholly moral perspective, one need not feel an ethical obligation toward diversity to see economic benefits from a financial perspective. One doesn’t
0 Comments