Share to Twitter Share to Linkedin Today we’re going to make a couple crafty moves worthy of the canniest contrarian—and in doing so, we’ll grab reliable income plays other investors are snubbing (with outsized yields up to 8.6%). These moves fly right in the face of the Federal Reserve’s planned rate hikes, potentially starting as early as March, but that’s the whole point: plenty of folks have let the fear of higher rates scare them off these investments. But as mainstream investors almost always do, they’ve taken things too far, nicely setting us up to grab these high yields and some price upside as 2022 unfolds. Let’s start with our first move, which is into longer-duration bonds, and specifically closed-end funds (CEFs) that hold them. The Truth About Bonds and Interest Rates Stick with me for a moment, because I know at times like these, when interest rates are poised to rise, longer-duration bonds can come under pressure. The reason for this … [Read more...] about How We’ll Play Rising Rates For 7.3%+ Dividends In ’22
Dollar rate today live
Share to Twitter Share to Linkedin The value vs. growth trade is in full swing as we enter 2022. After years of growth stock outperformance, many are calling for value stocks, or stocks that are cheap based on earnings, cash flows, assets or sales, to finally have their day in the sun and regain their market beating ways. In this article, I outline the case for value investing and highlight the two dozen or so stocks that score highest based on a time-tested value methodology I run at Validea . A quick sampling of recent headlines gives us an indication of where the experts are at when it comes to value over growth given where we are in the economic and market cycle. · Great Stock Rotation Has Legs, Wall Street Pros Sa y, Bloomberg · Cheap Stocks to Finally Have Their Day in 2022, Investors Say , Bloomberg · 2022 is going to be a great year for value stocks: Ariel's John Rogers , CNBC · The stock market has been flipped upside down in 2022. , … [Read more...] about The 25 Cheapest Value Stocks In The Market Today
- A + A SYDNEY (Jan 20): Australian employment raced ahead in December as the jobless rate fell to its lowest point since 2008, showing strength that should help the economy weather the current surge in coronavirus cases across the country. Data from the Australian Bureau of Statistics on Thursday showed employment jumped 64,800 in December, topping market forecasts of a 43,300 rise and adding to November's record jump of 366,000. The unemployment rate fell to 4.2%, from 4.6% in November, the lowest reading since August 2008, when the jobless rate bottomed out at 4%. The ABS noted that to find a result under 4% you needed to go back to the 1970s. Investors reacted by nudging the local dollar up to US$0.7228 on wagers of an early rate increase from the Reserve Bank of Australia (RBA), which has been seeking to drive unemployment to 4% or lower to lift wage growth after years of sub-par gains. The blistering growth in jobs hit a speed bump this month, however, as a … [Read more...] about Australia jobless number dives to lowest since 2008 as case builds for rate rise
What happened Today's been a very volatile one for meme token Dogecoin ( CRYPTO:DOGE ) . In Asian trading hours, Dogecoin fell off a cliff, dropping nearly 5% in the span of just more than an hour, around 3 a.m. ET. Since then, this token has recovered most of its losses, currently trading down only 0.4% as of 2:50 p.m. ET. Dogecoin has once again gained speculative momentum over the past week, surging on news that Tesla CEO Elon Musk tweeted, once again, about Dogecoin. This time, the so-called "Dogemaster" would be allowing Dogecoin to be used for Tesla merchandise purchases on the company website. However, since that tweet, Dogecoin has fallen back to roughly the same levels it was trading at pre-tweet. Image source: Getty Images. So what For meme cryptos such as Dogecoin, a surge in news flow, or a lack thereof, can make or break this token's near-term returns. Of late, Dogecoin investors have benefited from (often brief) rallies related to some speculative … [Read more...] about What’s Going On With Dogecoin Today?
Natty gives us a quick update on the national Covid-19 situation as well as the top headlines in Thailand and around the region: Bitkub company and coin value surges as SCB buys 51% of shares, Central plans 500 million baht reboot for New Years festival season, Cold season officially begins in Thailand, Australia offers new permanent visas for Hong Kong nationals, Netflix pulls episodes in Philippines over South China Sea map. Subscribe or Join our YouTube channel today and become a Thaiger Legend or a Thaiger Cub for behind the scenes footage and other member-only perks. Get more from The Thaiger FREE APP: ANDROID or iOS | HAVE YOUR SAY FORUM | … [Read more...] about Thailand Top Stories | Bitkub company and coin value surges as SCB buys 51% of shares |November 4
- A + A LONDON (Jan 20): European stocks fell on Thursday as cautious investors continued to assess how far and fast the US Federal Reserve will begin raising interest rates this year. Also keeping a lid on risk taking were the tech-laden US Nasdaq entering correction territory on Wednesday, a sell-off in bonds, still elevated crude oil prices and increased political tensions over Ukraine. But Chinese stocks were a bright spot after the country cut benchmark mortgage reference rates to ease pressure on its property sector. The STOXX index of 600 European companies was down 0.17% at 480 points, below its life-time high of 495.46 points hit in the first week of trading this year. Blue-chip indexes in Frankfurt, Paris and London were all lower. Gains in Asia helped to counter the pullback in Europe to keep the MSCI all country stock index in positive territory, up 0.16% at 728 points, but still down about 3.8% so far this year. "There is a tonne of caution now," … [Read more...] about Stocks slip in Europe as investors refine Fed hike bets
Share to Twitter Share to Linkedin In a December 23, 2021 Wall Street Journal Op-Ed, ex Democratic Vice Presidential candidate and ex-Connecticut Senator, Joe Lieberman advocated for a return in the senate to “regular order”. Regular order is the slow deliberative process of debating bills through committees and including the minority in the debate. It’s the 150-year normal in the Senate. Days later, Democratic Senator Joe Manchin (W VA) used a similar logic to torpedo the overarching partisan “Build Back Better” bill. Shortly thereafter, the Federal Reserve indicated they would exit their unprecedented money printing game more quickly than anticipated and begin returning short-term interest rates and their swollen balance sheet to more “normal” levels. Are we headed toward regular order and normality in the economy and the markets? In so many ways, looking through our rear-view mirror, 2021 was anything but normal or regular. COVID raged on and off and then on … [Read more...] about A Return To Regular Order?
This article first appeared in The Edge Malaysia Weekly, on January 10, 2022 - January 16, 2022. The government has discussed flood mitigation plans and will have to come up with a long-term solution (Photo by Mohamad Shahril/The Edge) - A + A Finance Minister Tengku Datuk Seri Zafrul Aziz looks none the worse for wear after two years in the political hot seat of overseeing the country’s finances. The former investment banker knows tough measures need to be made fast but admits that changes to the status quo will not be easy to push through. Below are excerpts from his interview with The Edge’s Cindy Yeap and Esther Lee. The Edge: It’s been only two months since the tabling of Budget 2022 but so many things have happened that it looks like you need to redo the budget or table a supplementary budget. Zafrul : Every year, there is a supplementary budget but, yes, only just now I told the cabinet that we have to relook and reprioritise to make … [Read more...] about Cover Story: Ensuring fiscal sustainability
Share to Twitter Share to Linkedin Just before Thanksgiving, we learned that Alabama sought to spend $400M of COVID relief on new prisons —five times as much as it plans to spend on hospitals. And now as we kick off a new year, it's clear that it’s not just Alabama who wants to pass off prisons as COVID relief—but almost half the country. At least 17 states across the US are angling to use at least $830 million of their federal Covid relief funds to build new jails and prisons, ranging from tiny $8,000 projects to the hundreds of millions. These funds would all come from the near party-line passage of The American Rescue Plan Act (ARPA). The Treasury has now released guidance to states essentially saying, “not so fast…” making it clear that new prison construction is not a sanctioned use of COVID relief funds. Their new policy states, “Treasury presumes that the following capital projects are generally ineligible: Construction of new correctional … [Read more...] about Jails In Jeopardy Following New Treasury Rule: Federal Covid Relief Must Help People
Since the stock market bottomed out in March 2020, investors have enjoyed historic gains. It took less than 17 months for the broad-based S&P 500 to double from its bear market low. Furthermore, the widely followed index came close to tripling its long-term average annual return in 2021. Despite this incredible outperformance, amazing deals remain. Patient investors who buy into innovative companies with clear-cut competitive advantages have a real chance to see their initial investment compound many times over. If you have cash ready to invest and are willing to let time be your ally, the following four stocks all have the tools to turn $100,000 into $1 million by 2030. Image source: Getty Images. Teladoc Health There's no sugarcoating it: telehealth giant Teladoc Health ( NYSE:TDOC ) was one of 2021's biggest disappointments. After skyrocketing during the initial stages of the coronavirus pandemic, concerns about larger-than-expected losses tied to its … [Read more...] about 4 Stocks That Can Turn $100,000 Into $1 Million by 2030