A double-barreled dose of dovish commentary by Fed Chair Janet Yellen and ECB President Mario Draghi has got stock bulls trying for new high ground today. Both central bankers assured markets that low interest rates would persist until the U.S. macro employment picture broadens out further and the war on deflation in Europe is won on all fronts. That's taken as supportive rhetoric by markets looking for additional catalysts to add to already sharp gains of the past two weeks.
The threat of inflation, or lack thereof, is also contributing to the bullish sentiment. Crude oil is hovering in the low $93 per barrel level, providing consumers a decent measure of savings at the pump and on paying utility bills. The decline in oil prices comes as Mid-East tensions and violence remain unchecked as Russian tanks moved into Ukraine early this morning.Read
Just as sure as the sun comes up every morning, you can set your clock to when the stock market is going to experience volatility: when I take a one-week vacation. This pattern remains uninterrupted for the past 14 years and should be a published barometer for all market technicians who are seeking out consistent forward-looking indicators.
Thankfully, the trip down to 1,900 for the S&P 500 was a quick one, as headlines late Thursday about U.S. air strikes on ISIS rebels were followed by Friday's mid-day headline of Putin calling off Russian military exercises on the Ukraine border. That news was met with bullish glee, after which a third truce was announced by Israel and Hamas.Read
The compare and contrast feature includes a table of guaranteed yields reflecting current yields as a way to compare risk-free investments versus recommendations within the Cash Machine service. Having a handle on what Jumbo Certificates of Deposit, Treasury Bills, Treasury Notes, Ginnie Maes and Money Markets are paying provides important reference points for investors stepping outside these traditional and ultra-safe investments.
Yields determined as of 8/08/14.
I'm always looking for new investment opportunities to add to our portfolios. Here's what I'm researching right now. I'll let you know if any of these companies meet my buy criteria.
For almost a decade, Bryan has brought his expertise on high-yielding investments to the Cash Machine service. His main goal is to help income investors craft a portfolio that will pay a reliable income even during the worst of times. Read
Bryan Perry discusses four stocks with great potential during an inflationary environment with Liz Claman and David Asman, anchors of Fox Business' After the Bell TV segment.