Adding closed-end funds to your investment portfolio may be a way to help boost your retirement income, industry pros say.
North Korea has become increasingly belligerent, launching ballistic missiles, testing a hydrogen device and claiming to have miniaturized a warhead; if true, this means it is a nuclear power. Although Trump says “all options are on the table,” a full-scale war would be catastrophic and may be impossible to contain.
Astute investors know that buying when others are fearful can be a good strategy. Despite remarkably low market volatility, investors continue to avoid risk. This month, we examine previous periods of risk and investor behavior, when investors discarded normal valuation measures, threw caution to the wind, and suffered the consequences.
It’s been challenging to limit this list to five surefire ways to fail to convert a prospect, but these will be a good start.
Should tighter monetary policy on both sides of the Atlantic worry bond investors? We don’t think so. Bonds have historically delivered positive returns when interest rates rise—particularly when they rise gradually.
We have a light calendar for economic data. The week’s focus will be the FOMC policy announcement on Wednesday. Given the resilience of the market rally in the face of various natural and human threats, the punditry will turn to a favored topic. Expect people to be asking: Will the Fed be the catalyst for a market correction?
The “Big Lie” is that you can “beat an index” over an extended period of time. You can’t, ever. Let me explain.
The U.S. Census Bureau and the Department of Housing and Urban Development have now published their findings for August new residential building permits. The latest reading of 1.300M was an increase from 1.230M in July and above the Investing.com forecast of 1.220M.
Reflecting on the months of travel as we wing our way back to Tampa at 38,000 feet, one of the more interesting encounters in those travels was spending time with Steve Forbes (Forbes Magazine). Although Steve is a staunch Republican, he suggested that Republicans worship at the altar of the CBO (Congressional Budget Office).
The Census Bureau has released its annual report on household income data for 2016. Last year the median (middle) household income rose to $59,149, a 4.1% increase over 2015 and a record high. The median income adjusted for inflation is also at a record high, above the peak of $58,882 set in 2000. The mean (average) household income set a new high of $83,143. More about that in another commentary. Meanwhile, let's take a closer look at the quintile averages, which dates from 1967, along with the statistics for the top 5%.