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Interest Rates

Rally in small caps just starting: VettaFi’s Rosenbluth suggests

by Merchant Moller
Rally in small caps just starting: VettaFi’s Rosenbluth suggests

Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group’s record highs will help drive investors back into the group. “Small …

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Applying this rule is the secret to guilt-free shopping, expert says

by Merchant Moller
Applying this rule is the secret to guilt-free shopping, expert says

Shoppers carry their purchases on Black Friday in New York City on November 29, 2024.  Adam Gray | AFP | Getty Images When Bernadette Joy graduated with an MBA in …

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Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show

by Merchant Moller
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from …

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Millennials will spend big this holiday season, TransUnion finds

by Merchant Moller
Millennials will spend big this holiday season, TransUnion finds

Parents tend to splurge on their children during the holidays. This year, 63% of millennials, many of whom now have school-age children of their own, said they plan to spend …

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Retailers like Macy’s, Gap and TJX jack up store card APR

by Mark McDuffie
Retailers like Macy’s, Gap and TJX jack up store card APR

Tommy | Digitalvision Vectors | Getty Images Dozens of the largest U.S. retailers and their bank partners jacked up interest rates on their store-branded cards to record highs in the …

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S&P correction could happen if GDP or earnings growth slows, says asset manager

by Merchant Moller
S&P correction could happen if GDP or earnings growth slows, says asset manager

In an environment of high valuations, one of two “catalysts” could cause a market correction. That’s according to Brian Arcese, portfolio manager of the Singapore-based Foord Asset Management, who said …

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US stocks sink on Powell rate-cut caution, Trump cabinet picks

by Mark McDuffie
US stocks sink on Powell rate-cut caution, Trump cabinet picks

Wall Street’s main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks, on concerns about slower interest-rate cuts and as …

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Protecting your portfolio against risks tied to Trump’s tariff plan

by Merchant Moller
Protecting your portfolio against risks tied to Trump’s tariff plan

Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the new administration’s policies could be “very inflationary,” so he thinks …

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Powell says Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

by Merchant Moller
Powell says Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. …

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Powell’s comments gave investors a reality check

by Merchant Moller
Powell’s comments gave investors a reality check

Jerome Powell, chairman of the US Federal Reserve, at Music Hall at Fair Park in Dallas, Texas, US, on Thursday, Nov. 14, 2024.  Shelby Tauber| Bloomberg | Getty Images This …

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