Best low risk dividend stocks

Share to Twitter Share to Linkedin Topline The stock market selloff resumed on Wednesday amid reinvigorated fears about surging inflation weighing on economic growth, as several major retailers have now reported that quarterly profits took a hit due to rising cost pressures. Key Facts The selloff on Wall Street intensified: The Dow Jones Industrial Average fell 3.6%, over 1,100 points, while the S&P 500 lost 4% and the tech-heavy Nasdaq Composite 4.7%. Markets tanked after disappointing quarterly earnings from major retailers: Shares of Target plunged over 25% after the company warned of rising costs and supply chain issues impacting profits, with the stock on pace for its worst single-day drop in roughly 25 years. The news followed a gloomy outlook from Walmart, with the nation’s largest retailer badly missing earnings expectations due to rising costs, causing shares to fall 11% on Tuesday in their largest one-day drop since 1987. … [Read more...] about Dow Falls 1,100 Points, Stock Market Selloff Continues As Major Retailers Warn Of Rising Cost Pressures

- A + A HONG KONG (May 18): Smarting from HSBC Holdings Plc’s move to scrap its dividend during the height of the pandemic, the bank’s largely silent mass of retail shareholders in Hong Kong is warming up to the idea of a breakup. Splitting up Europe’s biggest bank to separate out its Asian operations is being pushed by its largest investor, Ping An Insurance Group Co, based just across the border in Shenzhen. The call is winning support in Hong Kong’s retail base, which owns about a third of the bank, with some seeing it as a surefire way of preventing the steady stream of payouts from being cut off again. Their loyalty has been tested as numerous pivots in strategy fail to impress the market, leaving dividends at half of what they were in 2018 and the stock down more than 40%. The former British colony is the beating heart of the bank’s global operations, accounting for about 30% of the group’s 2021 adjusted profits. Yet decisions such as the halting of dividends … [Read more...] about HSBC’s mass of Hong Kong retail investors warms to breakup

- A + A (May 18): Bitcoin might be having a tough time of late, but it’s holding up much better than other cryptocurrencies, showcasing its ability to stay dominant during rough spells. The coin’s market-cap dominance has risen “sharply” during the latest selloff, reaching 45%, the highest level this year, according to data compiled by Babel Finance. It suggests “altcoins are at their worst,” the firm’s strategists wrote in a note. Even last week, as prices plunged amid the TerraUSD implosion, crypto fans added US$299 million to products focused on Bitcoin, with market-watchers suggesting that investors have been flocking to it as a better bet. “Bitcoin is the best-known and most-liquid cryptocurrency, so it is seen as the safest one,” said Matt Maley, chief market strategist at Miller Tabak + Co. “With massive drops of some members of this asset class in the past week, it’s no surprise that those who think it’s a good buying opportunity are focusing on the safest … [Read more...] about Bitcoin flexes dominance again as altcoins suffer bigger losses

Share to Twitter Share to Linkedin New data has raised a tantalizing possibility: That for the first time, America's uninsured rate will fall below 10%. (If it hasn't already; the most recently reported data was collected three months ago.) The findings come from the Urban Institute's Health Reform Monitoring Survey , a quarterly survey of non-elderly Americans. And as of March 2015, the Urban Institute's survey found that 10.0% of nonelderly adults were uninsured, down from 17.8% in September 2013, before the Affordable Care Act's insurance exchanges first launched. No major survey has ever found that the uninsured rate in America has hit single digits. However, the uninsured rate is already down to 7.5% in states that have expanded Medicaid under Obamacare, Urban researchers concluded. Of course, Urban's data is just one snapshot of the uninsured in America. Different surveys use different questions and methodologies. Some are thought … [Read more...] about Survey: America’s Uninsured Rate Is Down To 10% – And Falling