Fed injects $75B into market to prevent interest-rate spike

Fed’s inherent caution may be reason for small rates cut: Herman Cain The New Voice CEO Herman Cain and former Dallas Fed advisor Danielle DiMartino Booth discuss President Trump’s reaction to the Federal Reserve rates cut. The Federal Reserve Bank of New York on Thursday morning injected $75 billion into money markets to help keep the fed funds rate within […]

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Friday's retail sales could be murky because of last month's Amazon Prime Day

Amazon's Prime Day distorted government sales data in July, and it could do so again in August, according to Bank of America Merrill Lynch economists. The consensus forecast for Friday's retail sales report is 0.2%, but the BofA economists expect a decline, based on the aggregate sales data from Bank of America credit and debit cards. Last month, the economists […]

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Riding out market volatility best long-term strategy

It's been a bumpy ride recently for superannuation fund members, who have experienced six negative monthly returns over the past year. According to fund researcher SuperRatings, the median balanced option return dropped 0.5 per cent in August, driven by a fall in Australian and international shares. The median growth option, which has a higher exposure to shares, fared even worse, […]

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Stock Market News: Halliburton Slides While American Airlines Flies

After a strong gain on Tuesday, the stock market returned to a more conservative tone on Wednesday morning as investors tried to get their bearings following comments from the chairman of the Federal Reserve. Even as many market participants celebrated the apparent openness from Fed Chair Jerome Powell and other officials to consider lowering interest rates if economic conditions deteriorate, […]

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Vanguard Total Stock Market ETF ‘VTI” – Time To Invest?

This article was originally published on ETFTrends.com. The Vanguard Total Stock Market ETF (VTI) has been in existence since 2001 and is a passively managed index fund that is intended to replicate the performance of the overall U.S. stock market. More specifically, it tracks the CRSP U.S. Total Market Index, which is composed of an assortment of more than 3,500 […]

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