Stock Market
Federal Reserve: Spend More to Save America
Federal Reserve Chairman Jerome Powell says Congress must spend more. Powell explained that the recovery will take longer than expected. And that will require more fiscal stimulus by the… Read more
Federal Reserve Starts Buying Junk
$750 billion . . . That’s how much the Federal Reserve plans to spend buying up ETFs to support asset prices. It’s the latest aggressive action from the U.S…. Read more
In Pursuit of Fleeting Yields
It’s been tough to find a respectable yield in the stock market for more than a decade now. The S&P 500’s average dividend yield has hovered around 2% since… Read more
Unemployment Hits Record 14.7%
14.7%. That’s the U.S. unemployment rate at the end of April. It’s the highest unemployment rate since the government began tracking this data in 1948. 20.5 million jobs were… Read more
Where’s the Beef (And the Dividend)?
Back in 1984, The Wendy’s Co. (NASDAQ: WEN), the parent company of Wendy’s restaurants, created an awesome television marketing campaign that became a cultural icon. Three little old ladies… Read more
Dividend Cuts Bringing Higher Yields
Dozens of companies have found themselves making dividends cuts just in the past month. Those cuts have actually made it possible to buy great companies at a discount, and… Read more
Warren Buffett Says SELL These Stocks
Warren Buffett hosted the Berkshire Hathaway (NYSE: BRK) annual meeting this weekend. The event – dubbed “Woodstock for Capitalists” – typically attracts 40,000 people every year. Yet this year’s… Read more
Top 2 Stocks for America’s 2020 Comeback
Two great American companies are bouncing back. Just released corporate earnings show stronger-than-expected results. And the outlook appears to be better than expected. Alphabet (NASDAQ: GOOG) and Facebook (NASDAQ:… Read more
America’s True Unemployment Number
3.8 million: That’s how many new unemployment claims were filed last week. And it brings the total to more than 30 million unemployed in just six weeks. Many states… Read more