Michael Snyder: The Democrats, the Republicans and especially Barack Obama promised that something would be done about the too big to fail banks so that they would never again be a threat to Read more…
NYSE:FAS, NYSE:FAZ, SKF, XLF
State Street Global Advisors (SSgA)*, the asset management business of State Street Corporation (NYSEArca:STT) , today announced the launch of the SSgA Upromise(R) 529 Plan, marking a new arrangement with the State of Nevada and Upromise Read more…
NYSE:GLD, SPY, XLE, XLF
US stock futures point to a higher open Tuesday morning, with the Dow looking to add to yesterday’s gain and the Nasdaq looking to recover from heavy selling. It is a divergence we had not seen this year to-date, but something to keep an eye on. The Read more…
NYSE:RTH, QQQ, QQQQ, XHB, XLF
Martin D. Weiss: I rarely recommend that you wade through a wordy speech by an economic theorist delivered to an audience of stuffy bankers. But last week’s address by PIMCO Vice President El-Erian to the St. Louis Fed is one you absolutely MUST not miss. Read more…
NYSE:FAS, NYSE:FAZ, SKF, TZA, XLF
Jared Cummans: The past week was a relatively unstable one for major equities, as markets teetered back and forth based on economic data and outlooks from all over the world. But earnings season will go into full throttle this week, as some of the world’s biggest and most significant firms detail their most recent Read more…
XLF, XLP, XLV
Ian Wyatt: Make no mistake about it; we have inflation no matter how you measure it. Many investors measure inflation by growth in the consumer price index (CPI). By this measure, prices are moving higher at a 3% annualized clip. Read more…
NYSE:GLD, SLV, TBT, TLT, XLF
Don Miller: Based on recent performance from the sector’s biggest names, it’s easy to argue that financial stocks are making a comeback. Capital One Financial Corp. (NYSE:COF) is up 27% in 2012. Citigroup Inc. (NYSE:C) is up 29%. Bank of America Corp. (NYSE:BAC) is up a whopping 59%. Read more…
NYSE:FAS, NYSE:FAZ, SKF, UYG, XLF
Michael Snyder: The U.S. tax code is a complete and utter abomination and it needs to be thrown out entirely. Nobody in their right mind would ever read the whole thing – it is over 3 million words long. Each year, Americans spend billions of hours and hundreds of billions of dollars trying to comply with federal tax Read more…
NYSE:FAS, NYSE:FAZ, SDS, SKF, TZA, XLF
John Nyaradi: Earnings season starts this week and will Apple Inc. be able to carry the S&P 500 higher or will the high flying company fall from the tree? Read more…
QQQ, VGT, XLF
Dominique de Kevelioc de Bailleul: As signs of a real estate market recovery creep back into the monthly data, along with a long-awaited settlement reached in the robo-signing scandal finalized, it appears that underneath the seemingly good news is a second round of foreclosures, instead, spelling more trouble for US Read more…
NYSE:FAS, NYSE:FAZ, SKF, XLF
Jonathan Butz: There’s never been a bull market in history without the financial sector playing a role. After middling performance over the last year, the financial sector has posted impressive year-to-date gains which has coincided with a bullish market over the past few months. While the S&P 500 is up a little Read more…
KBE, KIE, KRE, XLF
Stoyan Bojinov: For anyone that has been asleep the last few weeks, bullish momentum has without a doubt been the dominant force on Wall Street since the start of 2012. Encouraging economic data releases on the home front have helped to bolster equity markets higher thanks to improving growth expectations. Read more…
INXX, NYSE:BRAQ, NYSE:IGEM, RVW, XLF
Eric Dutram: In total, the first quarter of 2012 was a great year for the ETF industry. Issuers saw 85 new products hit the market—while 16 were delisted—and net inflows reached nearly $56 billion in the time period. This surge in interest, as well as the strong performance of the market, led total ETF assets to hit Read more…
NYSE:EFA, NYSE:EWZ, VEA, XLE, XLF, XLU
Martin Hutchinson: Don’t look now but there’s another giant bubble out there. It’s so big it rivals subprime. I’m talking about the student loan bubble. Recently, the outstanding volume of student loans passed $1 trillion. What’s more bothersome is that the average individual amount owed by new college Read more…
NYSE:FAS, NYSE:FAZ, SKF, XLF
The U.S. market followed Europe’s lead, taking another tumble on Wednesday. The Dow Jones Industrial Average fell roughly 1%, down 124 points to Read more…
XLE, XLF, XLK
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