It has been a gradual process, taking months for traders to comprehend the once-unthinkable notion of potentially no rate cuts in 2024. Now, the tables have turned as they entertain the possibility of another hike by the U.S. central bank. Shifting Perspectives The realization dawned following last week's consumer-price index for January surpassing expectations. Subsequently, … [Read more...] about Potential Fed Rate Hike Impact
Financial markets
Understanding Low VIX Levels
Persistent low levels for the CBOE VIX index have raised eyebrows among investors and analysts alike. The Bank for International Settlements (BIS), headquartered in Basel, Switzerland, has shed light on a potential reason behind this phenomenon in its recent quarterly report. Shift Towards Yield-Enhanced ETFs The BIS suggests that the current low VIX levels may be attributed to … [Read more...] about Understanding Low VIX Levels
Assets under Management Decline for Premier Miton Group
Premier Miton Group has reported a decrease in assets under management (AUM) during the fourth quarter of fiscal 2023. Investors have shown reluctance, particularly in the U.K. and European sectors, resulting in this decline. As of September 30, the London-listed asset manager's AUM fell to £9.8 billion ($11.93 billion) from £10.5 billion at the end of June. The company … [Read more...] about Assets under Management Decline for Premier Miton Group
Finding Turnaround Stocks
Stocks that have done nothing for years are often called dead money by investors. Many dead money stocks are value traps that lure investors in only to frustrate them. But there are a few turnaround candidates that can perform strongly, and ’s is using a stock screen to predict which dead money stocks are ready to come alive. The Current Situation The recent lead-coated telecom … [Read more...] about Finding Turnaround Stocks
U.S. Dollar Falls as Inflation Slows to Lowest Level
The U.S. dollar experienced a decline on Wednesday following the release of the consumer-price index for June, which indicated a slowdown in the rate of inflation to its lowest level since 2021. According to Dow Jones Market Data, the ICE U.S. Dollar Index DXY, a measurement of the currency against six major rivals, dropped to 100.69 on Wednesday, marking its lowest level since … [Read more...] about U.S. Dollar Falls as Inflation Slows to Lowest Level