Improved Equity and Credit Markets Should Lift AGF Management’s Flows and Revenue
While AGF Management's struggles are far from over, we believe the firm is on the right track. Long bouts of investment underperformance and increased competition have weakened the firm's competitive ...
U.S. Crude Oil Stockpiles Fall Amid Decline in Imports
U.S. crude oil production rose by 292,000 barrels a day to 13.5 million barrels a day, recovering after falling the previous two weeks due to a hurricane in the Gulf of Mexico. Crude imports were down ...
London Stock Exchange Group Is a Data Play
London Stock Exchange Group’s 2023 year-end operating net debt/pro forma adjusted EBITDA was 1.8 times. This is within its target range between 1.5% and 2.5%. We believe London Stock Exchange Group ...
Oil prices make modest moves as attention turns to OPEC+ decision on crude production
Attention, meanwhile, has turned to a Sunday meeting of OPEC+ ministers. In early November, OPEC+ said it would extend 2.2 ...
Urban Outfitters' stock on track for biggest gain in more than a year, as analysts sense a shift in tone
Urban Outfitters Inc.'s stock soared 15% Wednesday to put it on track for its biggest one-day gain in more than a year, as analysts weighed in on better-than-expected third-quarter earnings and ...
Inflation rate climbs for the first time since the summer. Fed weighs how much to cut rates.
The 12-month core rate moved up to 2.8% from 2.7% to mark the first increase since June. The Fed views the core rate as a ...
Wall Street sees 'no alternative' to U.S. stocks in 2025. Here's why.
Large-capitalization U.S. stocks have outperformed virtually all comers over the past 15 years. According to some of the ...
Treasury yields trim declines after PCE inflation reading edges up from Fed's target
Treasury yields were trimming earlier declines on Wednesday as traders digested a barrage of pre-Thanksgiving economic data, ...
Consumer spending climbs ahead of holidays. Households far from tapped out.
Looking ahead: "Consumer spending remained steady while incomes had a healthy gain," said corporate economist Robert Frick of ...
Bitcoin on track for best November since 2020 - should you invest in it and how much?
Bitcoin (BTCUSD) is up 30% so far this month, on track for its best November since 2020, when it closed the month 40.9% up, ...
'I've nothing saved for retirement': I'm 50 and earn $45,000. I don't have a 401(k) match. Should I put 10% of my salary in a Roth IRA instead?
Given your salary of $45,000 and the fact that you do not have an employer match, you are probably better off taking ...
Fed's Preferred Inflation Measure Remained Elevated in October
The core version of the Fed's preferred 12-month inflation gauge ticked back up to 2.8% as expected last month--a sign that even though prices have decelerated, they are still rising stubbornly.