Redacted Version Of The March 2017 FOMC Statement
Mar 15, 2017
Jeremy Parkinson
Finance
Photo Credit: Norman Maddeaux ==================================== February 2017 March 2017 Comments Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Information received since the Federal Open Market Committee met in February indicates that the labor market has […]
Stock Valuation Procter & Gamble
Mar 15, 2017
Jeremy Parkinson
Finance
The following stock valuation is about Procter & Gamble, one of the first stocks in my portfolio and probably a core holding in every dividend growth Portfolio. PG has increased its dividend for 60 years and is therefore one of the dividend Aristocrats. Nevertheless, the growth of PG slowed down in the recent years and […]
7 Tips To Grow Your Wealth Like The Best Dividend Investors
Mar 15, 2017
Jeremy Parkinson
Finance
Dividend investing is one of the most actionable, repeatable methods of building wealth over time. Fortunately, there are many resources available to learn about dividend investing. Many of them are published by some of the most successful dividend investors in the business. These include books, websites, and even shareholder letters. One particular example is the portfolios of […]
The Fed Will Continue To Raises Rates, Even Amid Uneven Economic Data
Mar 15, 2017
Jeremy Parkinson
Finance
Today the Federal Reserve raised the base US Fed Funds interest rate a quarter percentage point to the range between 0.75% and 1.00%. There was only one dissent from Minneapolis Fed President Neel Kashkari. And because this move was anticipated by everyone, the real question now goes to what comes next. When we think of […]
Are The Bulls Giving Up?
Mar 15, 2017
Jeremy Parkinson
Finance
The stock market fell slightly on Tuesday as it prepares for the Fed to hike rates on Wednesday. In this article, I will discuss the latest changes to the macro environment, namely the decline in sentiment surveys and the increase in the producer price index which may soon reverse because of falling oil prices. Bull markets […]
ETFs Are Popular With Many Big Institutional Investors & Should Be With You – Here Are 4 Reasons Why
Mar 15, 2017
Jeremy Parkinson
Finance
…You can learn a lot from watching the pros when it comes to building an investment plan and, while there’s no shortage of noise out there, it can be worth looking at what the “long-term money” is doing: the pension funds, portfolio managers, consultants and others who are collectively responsible for the financial futures of […]
15 March 2017 FOMC Meeting Statement: Federal Funds Rate Raised
Mar 15, 2017
Jeremy Parkinson
Finance
Econintersect: The Federal Open Market Committee (FOMC) – the board of directors of the Federal Reserve raised the federal funds rate. There was one dissenting vote. A summary of how the members viewed the economy: …. business fixed investment appears to have firmed somewhat. Inflation has increased in recent quarters, moving close to the Committee’s 2 […]
Gold On A Knife Edge Ahead Of FOMC Decision
Mar 15, 2017
Jeremy Parkinson
Finance
With just hours left until the United States Federal Open Market Committee unveils its latest monetary policy decision, gold prices are consolidating just above the key psychological level sitting at $1200 per troy ounce. In what may prove to be a pivotal moment for the precious metal, much hinges on the upcoming announcement as the […]
Fed Hikes With One Dissent: Fed Behind The Curve?
Mar 15, 2017
Jeremy Parkinson
Finance
As expected, the Fed hiked interest rates 25 basis points to a range of 3/4 to 1 percent. Minneapolis Fed president Neel Kashkari dissented. Kashkari voted to hold rates steady. Here are snips from the FOMC March 15 Statement. In view of realized and expected labor market conditions and inflation, the Committee decided to raise the […]
6 Solid Reasons To Buy Financial ETFs Now
Mar 15, 2017
Jeremy Parkinson
Finance
Financial sector has been on a stellar ride this year having gained 5.6% thanks to the dual tailwinds of the Fed’s rate policy and Trump presidency. Improving economic fundamentals and industry trends added to the strength though some analysts are concerned about higher valuations. Below we discuss some strong reasons for investing in financial ETFs […]