Fed’s Daly Is Prepared To Back Another 0.75 Percentage Point Rate Hike

Fed’s Daly Is Prepared To Back Another 0.75 Percentage Point Rate Hike

A Federal Reserve official said the central bank needs to raise interest rates to levels designed to slow economic growth and combat inflation, and that those levels will depend on factors outside of the Fed’s control. San Francisco Fed President Mary Daly said Friday she was prepared to support another rate increase of 0.75 percentage … Read more

Spirit Airlines Sticks With Frontier Deal After Sweetened Offer

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You’ll Know the Bear Market Is Nearing an End When Anxious Investors Push the ‘Panic’ Button

Text size SNEEZE This article originally appeared on MarketWatch. The end of the bear market is not close. That’s according to a contrarian analysis of stock market sentiment: The US stock market has not yet experienced the extreme pessimism seen at major bottoms. It may certainly feel like there’s plenty of pessimism and despair on … Read more

In Volatile Markets, Income Investors Must Choose: High Yields or Steady Payouts.

As 2022 approaches its midpoint with deepening concerns about recession and inflation, stocks with higher yields have performed relatively better than those with faster-growing payouts. But Donald Kilbride, the portfolio manager of the $ 53 billion Vanguard Dividend Growth fund (ticker: VDIGX), which focuses on rising payouts, not yield, is taking that into stride. As … Read more

The IPO Market Has Gone Cold. Getting It Going Again Is Likely To Take Some Time.

Elias Stein Text size The queue for initial public offerings is long, over 300 companies long. But precious few are proceeding: By June 17, only 47 companies, valued at $ 4.6 billion, had undergone traditional IPOs in 2022—74% below the same period in 2021, notes Dealogic. Most of the 47 have been tiny. Larger IPOs, … Read more

Cryptocurrencies Are Down, But Don’t Count Them Out

Updated June 24, 2022 9:27 pm ET / Original June 24, 2022 9:15 pm ET Order Reprints Print Article Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Crypto Endgame Isn’t Near Paulsen’s Perspective The Leuthold GroupJune 24: Cryptocurrencies have long been … Read more

8 Home-building and Steel Stocks That Offer Substantial Value

Looking for the cheapest stocks in the market now? Two industries stand out: home builders and steel makers. Barron’s screened for the 10 stocks in the S&P 500 index, S&P Midcap 400, and S&P Smallcap 600 with the lowest price / earnings ratios based on projected 2022 earnings, using consensus estimates from FactSet. Among the … Read more

Stocks Break Out. Will Recent Market Declines Restrain the Fed?

Text size A copper smelter in Jinhua, China. Copper prices, often a signal of where the economy is headed, fell 6% this past week. Top Photo / Sipa USA / Alamy The stock market has predicted nine of the past five recessions, economist Paul Samuelson famously quipped back in the 1960s. A half-century later, is … Read more

Home-building and Steel Stocks Offer Substantial Value

Looking for the cheapest stocks in the market now? Two industries stand out: home builders and steel makers. Barron’s screened for the 10 stocks in the S&P 500 index, S&P Midcap 400, and S&P Smallcap 600 with the lowest price / earnings ratios based on projected 2022 earnings, using consensus estimates from FactSet. Among the … Read more

Polestar Shares Rise in Electric-Vehicle Maker’s Market Debut

Updated June 24, 2022 5:12 pm ET Listen to article (2 minutes) Shares in Polestar Automotive Holding UK PLC jumped 16% on their first day of trading Friday, after the Swedish electric-vehicle maker completed a merger with a special-purpose acquisition company amid plans to expand globally. Polestar agreed to be acquired by blank-check company Gores … Read more