As inflation continues to wreak havoc on American wallets, the U.S. dollar’s lack of purchasing power has been affecting nearly every U.S. resident’s spending decisions. On Monday, U.S. president Biden and his administration predicted lower inflation forecasts as officials announced Biden’s proposed budget for the 2023 fiscal year. According to marketwatch.com author Victor Reklaitis, the
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Transcription:00;00;03;16 – 00;00;24;27Chip BarnettHi and welcome to another Bond Buyer podcast. I’m Chip Barnett. My guest today is Nora Wittstruck. She’s senior director and ESG sector leader at S&P Global Ratings. And we’re going to be talking about climate change and sea level rise and how it’s going to affect South Florida and many other
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Bitcoin (BTC) and several altcoins surprised many with their newfound strength during the weekend. Bitcoin’s rally easily sliced through the $45,900 level, which according to Glassnode was an area of resistance because several investors had purchased near that level when Bitcoin was declining after hitting its all-time high in November. Bitcoin’s strength may have attracted
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Municipals were weaker Monday, moving the five-year muni above 2% while the U.S. Treasury curve inverted and equities ended in the black. Triple-A municipal yield curves saw cuts up to six basis points on the short end while the three- and five-year UST ended higher than the 30-year. Muni to UST ratios were at 78%
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Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses in this article, http://www.zacks.com/stock/news/180276/this-weeks-growth-amp-income-stock-lyondellbasell-lyb, a stock that might be worth a closer look by investors: LyondellBasell (LYB). This plastics, chemicals and refining company recently delivered a big positive earnings surprise as profit margins expanded rapidly for its products. This prompted analysts to
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