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| St. Louis Federal Reserve President James Bullard said that he sees an initial interest rate increase happening in late 2022 as inflation picks up, an estimate that is quicker than the outlook the FOMC released on Wednesday. “I put us starting in late 2022. We’re expecting a good year, a good reopening,” Bullard said. “But this is a bigger year than we were expecting, more inflation than we were expecting. I think it’s natural that we’ve tilted a little bit more h... |
| Revolve Group Inc (NYSE: RVLV): Revolve Group announced yesterday that it is set to join the Russell 3000 index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the open on June 28. “Joining the Russell 3000 Index will increase REVOLVE’s exposure to the investment community at an exciting time after we delivered record profitability and cash ... |
MOS has dropped more than -20% in the last two weeks. Is it a good time to buy?The challenge for value investors is that sometimes, a stock in a long downward trend has a very good reason for being where it is – sometimes, a cheap stock is just a cheap stock. Efficient market theory holds that in the broadest sense, the market is very good at pricing a company’s underlying fundamental weakness or strength into a stock’s price. That is often very much the case, which is why it is important to always be careful about considering a stock in a long-term downward t... |
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Featured StockFutu Holdings Limited (FUTU) – Buy Price: $160.00 or betterFutu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally. The company provides trading, clearing, and settlement services; margin financing and securities lending services; and stock yield enhancement program. It also offers online wealth management services under the Futu Money Plus brand, which gives access to mutual funds, private funds, and bonds; market data and information services; and NiuNiu Community, which serves as an open f... |
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