|Day's Range||0.46 - 0.46|
Europe is flexing its muscle at tech giants Google and Facebook. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer, and Julia La Roche discuss the country’s latest demands.
Berkshire Hathaway CEO Warren Buffett explains a simple investing strategy that would've made you a fortune, that could make you a fortune in the years to come.
The S&P 500 Index (SPY) continued its negative run for a second consecutive month in March, as trade war fears and geopolitical tensions made investors risk-averse. The S&P 500 Index declined ~3.9% in February and ~2.7% in March, with these declines primarily being driven by increased trade tensions rather than any change in the underlying fundamentals. The Conference Board Leading Economic Index (or LEI) uses the performance of the S&P 500 Index (VOO) as one the constituents of the LEI.
Noble Energy (NBL) stock has mainly risen since the beginning of 2018. Noble Energy has tracked crude oil prices (DBO) (UCO) higher.
Stock sell-offs like what we have been witnessing are tough for long-term buy and hold investors to swallow. Laws of supply and demand and investor appetite fuel uptrends and downtrends alike. We just have to be aware of them as investors and plan accordingly.
The yield on the 10-year treasury note just hit 3% for the first time since 2014. Remember, bond yields are inversely related to bond prices. For the past few weeks, every time yields inch higher the "risk off" crowd shows up and stock have declined.
Is a 3% yield on the 10 year Treasury that big a deal? Simple. Yes and No. The actual round number of 3% of course means nothing special to the economy. But rates moving to 3% does have several implications. First – We moved really fast from 2.83% on April 17 to now. That means the market was likely behind in inflation assumptions. And a quick move can be a bit jarring to sensitive markets like mortgage and commercial loans.
We all know we cannot control the market. So if you focus on what is happening every minute of every day you wind up focusing your attention on something you cannot control. Instead, savvy investors know to focus on variables they can control. Here are a few for your review:
Treasury bond yields (or rates) are tracked by investors for many reasons. The yields on the bonds are paid by the U.S. government as "interest" for borrowing money (via selling the bond). But what does it mean and how do you find yield information? Why is the ten-year treasury yield so important? This bond, which is sold at auction by the U.S. government, also tends to signal investor confidence. When confidence is high, the ten-year treasury bond's price drops and yields go higher because investors feel they can find higher returning investments and do not feel they need to play it safe.