At the most recent Federal Open Market Committee (FOMC) meeting, the Fed announced that it would keep its target band for the Fed funds rate at 0.00-0.25%. In its policy statement, the Committee said that “recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on […]
All the buildup. All the angst. Fed Chair Janet Yellen not talking publicly for the past 65 days. All the speculation. All the over-hyped rhetoric about how the financial world would stop spinning on its axis if a minuscule move of a quarter-point of one percent were to occur. And now that the curtain has […]
One of the hottest themes for big-cap money managers coming out of the Great Recession was taking a stake in high-yielding preferred stocks of companies backed by the Troubled Asset Relief Program (TARP) funds. It seemed the government’s promise to “do whatever it takes” to breathe life back into the banking system had attracted fresh […]
In the midst of all the hand-wringing associated with the U.S. Federal Reserve contemplating the raising of short-term rates by a quarter point from zero, investors are rightfully looking elsewhere for opportunities that offer exponential returns from special situations that aren’t getting front page attention from financial reporting outlets. Among those enormously enticing themes that […]
Whether the United Nations is aware of it or not, we already have a world currency. It’s called crude oil, and it is where more emphasis is being placed by currency traders every day.
One of the most versatile tools to use to generate income is through covered call writing, or the selling of covered calls on existing positions. In this volatile market, most of what you hear about options is from people buying puts and calls on very short-term directional trades. Such trading of options is full of […]