OPR - OPR Delayed Price. Currency in USD
|Day's Range||2,178.00 - 2,178.00|
- Lawrence Lewitinn•2 days ago
Fed Chair Janet Yellen and Vice Chairman Stanley Fischer used the Federal Reserve’s conference in Jackson Hole, Wyo., to prepare the world for at least one interest rate hike by year’s end. “They feel the data is strong enough that they are on their way for the next rate hike,” said Ben Emons, chief economist and head of credit portfolio management at Intellectus Partners. The world is a bit different now than in December 2015 when the Fed last raised rates, Emons postulated.
- Lawrence Lewitinn•21 days ago
On a relative basis, other defensive sectors are also riding high, notes Brian Barnier, director at ValueBridge Advisors and co-founder of FedDashboard.com. He charted the Price/Earnings/Growth (“PEG”) ratio of several sectors using data from Zacks Research Systems. The PEG ratio takes the asset’s price and divides it by expected 12-month forward earnings to calculate a price-to-earnings (“P/E”) ratio.
- Lawrence Lewitinn•23 days ago
Chad Morganlander of Stifel’s Washington Crossing Advisors advocates buying companies where dividends are increasing. “When the global economy—and particularly [that of the] United States—is growing slowly, people are looking for consistency and quality in individual companies,” said Morganlander, who manages a rising dividend-based portfolio. Companies with growing dividends generally have solid fundamentals, he claims.