Tag: Interest
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The Good News About Higher Interest Rates
Dilok Klaisataporn Why did powerful third-quarter growth come as such a surprise? Olga Bitel, Partner, Global Equity Strategist and Hugo Scott-Gall, Partner, Portfolio Manager, Co-Director of Research, Global Equity Team, discuss the broad expansion in the U.S. economy, the moderation of inflation, and what to look for in a stock picker’s market. Hugo: Olga, what…
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Bank of America: Lower Interest Rates Will Restore Confidence (NYSE:BAC)
Justin Sullivan/Getty Images News Introduction A few weeks ago, I wrote an article on the so-called “busted” preferred shares issued by Bank of America (NYSE:BAC) as it was unlikely that those shares will be force-converted anytime soon. While I have pretty much always focused on the Series L preferred shares, Bank of America has issued…
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REVEALED: How average mortgage payments on a new home have risen 90% since Biden took office – but experts warn buyers not to hold off in the hope of costs falling since high interest rates are here to stay
Homeownership is becoming a pipe dream for most Americans, as average monthly mortgage payments are now nearly double what they were when Biden took office. Interest rates above 7 percent and rising home prices mean buyers are facing one of the least affordable markets in recent history. Analysis even shows that it makes more financial…
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ARDC: A Lot To Offer Income Investors, Regardless Of Interest Rate Direction (NYSE:ARDC)
Ilja Enger-Tsizikov The Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) is a very popular closed-end fund, or CEF, that is frequently purchased by those individuals who are seeking to earn a very high level of income from the assets in their portfolios. As of the time of writing, the fund boasts an impressive 11.02% distribution…