UBS voluntarily resigned as a co-manager from a Texas city bond issue that priced this week in the wake of the company’s placement on the state comptroller’s list of fossil fuel industry boycotters. Kerrville, Texas, Finance Director Julie Behrens confirmed on Friday that UBS had “voluntarily withdrawn” from the city’s $44.4 million general obligation bond
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Municipals were steady Friday, while U.S. Treasuries were mixed and equities sold off in the aftermath of Federal Reserve Chair Jerome Powell’s promise the Fed will keep raising interest rates to combat inflation. In light of the market’s concern over Powell’s speech at Jackson Hole, BofA strategists Yingchen Li and Ian Rogow “continue to view the Fed’s hawkishness as a better
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Ryan McQueeney discusses the end of the semiconductor super cycle and compares Texas Instruments and Broadcom, two chip stocks that dividend investors might have on their radars right now. Texas Instruments: https://www.zacks.com/stock/quote/TXN?cid=CS-YOUTUBE-FT-VID Broadcom: https://www.zacks.com/stock/quote/AVGO?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
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The typical UK household gas and electricity bill will rise to £3,549 a year from October from £1,971 at present, the sector’s regulator confirmed on Friday, as consumers grapple with a cost of living crisis driven by soaring energy costs. Ofgem said the 80 per cent increase in the so-called price cap, which governs the
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Municipals were mixed Thursday as the market took a breather ahead of Fed Chair Jerome Powell’s Jackson Hole speech, while U.S. Treasuries improved five years and out and equities ended in the black. Outflows from municipal bond mutual funds intensified as investors pulled $1.180 billion out of funds in the latest week, versus the $229.263
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As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the bottom of the pre-crash range.  Afterward, the asset under study either consolidates, continues the downtrend, or returns to the bullish uptrend if the downside catalyst was not significant enough
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Today is the day we will be talking about the easiest option strategy ever. If you are brand new and just getting started, you should check out this video and start earning more with your trades! #stocktrading #options #optiontrading Posted at: https://tradersfly.com/blog/the-easiest-option-strategy-ever-options-for-beginners/ ? Newsletter & Announcements : https://tradersfly.com/go/tube/ ? Discord Group: https://tradersfly.com/go/discord/ ? Freebies: https://tradersfly.com/go/freebies/
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