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Market News

Location American Market News for 7 June 2022
Wells Fargo Is Taking A Hard Pass On 53% Of Black Mortgage Applicants Wells Fargo is stifling Black homeownership by rejecting refinance applications sent in by Black homeowners. A Bloomberg analysis found that Wells Fargo's 47% approval rate gave it the worst record among major lenders wh...
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Diversify across assets classes, says Quantum MF's Chirag Mehta Quantum MF recommends gold ETFs for exposure to the precious metal
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Analyzing Johnson & Johnson's Dividend Growth Potential Johnson & Johnson (JNJ) is the featured stock from May's Dividend Growth Stocks Model Portfolio.
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Some of the biggest firms have created a host of new products aimed at people with $1 million to $5 million in investible assets.
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SEC's Trading Shake-Up Expected to Face Opposition

Wall Street Journal - 7 Jun 2022 23:26
The agency's expected changes to U.S. stock-trading rules are likely to prompt pushback from the brokerages and market-making firms that handle small investors' orders.
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How Is The Economy Doing Right Now In 2022? There's no real consensus on whether a recession is likely over the next 12 months, but there are actions investors can take to manage risk.
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How an IT couple realized their dream of a larger home Keshav Prasad and Mohini Latha used their own funds, and a home loan which was also tax-efficient
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US 'Energy Independence' Is Real, 'Global Prices' Are Not: A Short-Term Oil Production & Price Mitigation Plan We hear both that the US is 'energy-independent' and that oil prices are 'set by global markets' right now. These claims are not compatible - 'independence' and 'nothing we can do' do not hang together. The US can and mu...
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Monthly Dividend-Payers With Double-Digit Yields For sophisticated income investors willing to accept high risk in exchange for high yield, Bob Ciura, a contributor to MoneyShow.com and editor at Sure Dividend, highlights 5 stocks that offer double-digit yields and als...
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Online model portfolios are a grey area

livemint.com - 7 Jun 2022 19:26
Online model portfolios are a grey area Innovations by online platforms increase access for investors but mask risks
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Target Inventory Warning Portends Retail Bloodbath

Wall Street Journal - 7 Jun 2022 18:41
This summer could be a promotional boon for shoppers but a nightmare for retailers.
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How much tax do you pay on equity investments?

livemint.com - 7 Jun 2022 18:35
How much tax do you pay on equity investments? Given that different equity assets have different tax rules, an investor must take a careful look at the suitability of an investment in terms of taxes too
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Fewer Imports, Better Growth

Wall Street Journal - 7 Jun 2022 17:04
With Americans shifting spending away from goods, fewer imports will be hitting U.S. docks. The U.S. economy could end up growing more quickly as a result.
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The U.S. Dollar Is Looking a Bit Stretched

Wall Street Journal - 7 Jun 2022 16:36
Microsoft's warning highlighted the downsides of a mighty greenback, but the currency's strength looks set to wane.
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Cash Dividend On The Way From Occidental Petroleum On 6/9/22, Occidental Petroleum will trade ex-dividend, for its quarterly dividend of $0.13, payable on 7/15/22. As a percentage of OXY's recent stock price of $68.50, this dividend works out to approximately 0.19%.
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This Restaurant Stock Is Holding Up Despite Rising Inflation. Is It Still A Buy? After only a 3% decline over the last six months, at the current price of around $248 per share, we believe McDonald's (NYSE: MCD), the world's largest restaurant chain, consisting of more than 40,000 mostly franchised s...
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Target Stock Plunges After Warning Profits Will Take A Hit As It Fights Inflation And Ramps Up Discounts The retailer says it will cancel some orders and ramp up discounts to fight supply chain constraints and ease excess inventory.
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Biden To Usher In Cheap Chinese Panels With Solar Power Shake Up There was mixed reaction yesterday to President Joe Biden's move to institute a two-year pause on the imposition of additional tariffs and duties on imported Chinese solar panels.
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20-For-1 Stock Split Could Boost Money Flow Into Amazon Stock In the decade ending 2020, Amazon grew at 27% a year. No more! It's forecasting a 3% to 7% revenue increase this quarter. Yesterdays' 20-for-1 stock split will not make up the difference.
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Spotify: The Music Is Ending For This Once High-Flyer The company's current fundamentals cannot justify the expectations baked into its stock price, especially given slowing growth and weak guidance.
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How To Find The Best Sector ETFs 2Q22

Forbes - 7 Jun 2022 15:18
How To Find The Best Sector ETFs 2Q22 With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. My report shows the top-rated ETF for each sector.
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Food And Energy Will Determine Upcoming Global Order As the Biden Administration searches for answers to stem the rising costs, it is bedeviled by its own penchant for governing via wishful thinking, especially on matters related to energy.
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