On Friday, PF Cash Cow recommendation Thornburg Mortgage (NYSE: TMA) announced that it had priced a new offering of 2.75 million shares preferred stock at $25 a share. Read More
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For those who held and hoped that the folks in Ottawa wouldn’t pass the federal budget legislation, it’s over and done Read More
The Personal Finance staff takes a great deal of pride in the level of access to editors we provide our readership. We're now taking advantage of the Internet and providing company updates through the day as warranted by news events or share-price movements. Read More
Lower-than-expected consumer prices sent the market soaring Friday. The Dow Jones Industrial Average jumped 85.76 points, or 0.6 percent to 13,639.48; the s&p 500 climbed 9.94 points, or 0.7 percent to 1,532.91; and the Nasdaq Composite skyrocketed 27.30 points, or 1.1 percent, to 2,626,71. Read More
The market continued to rally Thursday as bond market remained steady. Read More
The release of the Federal Reserve's Beige Book, which noted moderate growth and little inflation, jump-started the lagging market Wednesday as the 10-year Treasury yield slipped 0.48 percentage points to 5.202 percent. Read More
The Personal Finance staff takes a great deal of pride in the level of access to editors we provide our readership. We're now taking advantage of the Internet and providing company updates through the day as warranted by news events or share-price movements. Read More
Last week, the whole thing started again: “Bonds are bad for your financial health. And even worse, they’re going to even destroy the stock market.” Read More
The market barely moved Monday after the 10-year Treasury yield jumped above 5 percent last week. Read More
If you’re looking for us to write that the price of oil has nowhere to go but to the moon and that you just have to load up on ExxonMobil, you’re reading the wrong newsletter. Read More