Words are powerful, and for investors seeking income, the words “floating rate” are particularly alluring these days. The Federal Reserve is likely to raise interest rates again in December, and rates globally have risen sharply in just the past week.…
Treasurys were mostly unchanged Tuesday as traders looked past an early raft of economic data releases to await an important policy-setting gathering of the Federal Reserve, which could determine the outlook for government paper for 2018. The benchmark 10-year Treasury…
Toys ‘‘R’’ Us Inc., which somehow managed to sustain a crushing debt load for more than a decade after its 2005 buyout, finally succumbed this week to a “dangerous game of dominoes” that toppled the retailer in a matter of…
We believe there is a high chance the Federal Reserve raises this week. Weak dollar is inflationary Good Consumer Price Index (CPI) numbers yesterday (1.9% vs 1.8% expected) Brits may raise rates as well Europe probably raises by end of…
The Dow Jones Transportation Index has begun weakening off its highs. While earnings reports from companies such as CSX Corp (“CSX”) and Union Pacific (“UNP”) came in well, we saw their stocks fall off due to weaker forward guidance. We’ve also seen…
We believe there is no catalyst to move the market higher until mid-July when earnings come out. We believe it’s going to be a long hot summer. There are some geo-political risks that could upset the apple cart, but this…
In this weekly update Leader Capital provides its thoughts on the current economy as well as analysis of specific market sectors and securities – and their strategy for the funds going forward. The securities and sectors mentioned are ones of…
In this weekly update Leader Capital provides its thoughts on the current economy as well as analysis of specific market sectors and securities – and their strategy for the funds going forward. The securities and sectors mentioned are ones of…