Mar 14, 2021 | Investments
Stocks gained strength after Fed Chairman Jerome Powell reiterated the central bank’s commitment to provide aid to the economy “for as long as it takes.” The central bank sharply upgraded its 2021 GDP growth forecast to 6.5% and also said it expected...
Mar 7, 2021 | Investments
Just last week, in our weekly report, we had stated that if there are signs that the economy is picking up and that higher interest rates are justified, there will be bloodbath on Wall Street. Link to last week’s report is here: https://futurewealthllc.com/research/....
Feb 14, 2021 | Investments
A little known fact to most investors is that a modest percentage of all trades, also known as dark trading, occur off the main exchanges i.e. New York Stock Exchange and the Nasdaq. Institutional investors who want to hide their bid or ask stock quotes from public...
Feb 7, 2021 | Investments
When the cost to trade a stock went to $0 a few years ago, largely initiated by small platforms and brokerages, all the big banks and brokerages (Fidelity, Schwab, TD etc.) got into a race to be the first to offer them. Their rationale was that they will make up the...
Jan 17, 2021 | Investments
The “New Normal” phrase was used sporadically until the financial crisis in 2008, when Mohammad El-Erian, the CEO of PIMCO, used the term stating that the post-subprime economy could mean subpar growth as new normal. Since then, “New Normal” has meant...
Jan 3, 2021 | Investments
After another week of bizarre behavior from the President that brought scenes that harken back to those only seen in disorderly regimes, one wonders what else is left in his Presidency? With his legacy tarnished beyond repair and bringing to an end, by all counts, the...