Fed policymakers surprised a lot of investors on Wednesday by signaling that tapering and interest-rate hikes are finally on the way. Investors sat up and noticed because “taking away the punch bowl” has doomed many a growth cycle. The Fed policy shift confirms we are moving toward the middle of the economic cycle from the early stage where rip-roaring growth is the norm – which benefits more speculative stocks. Read More...
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3 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’
Inflations fears are rising, along with the price of gasoline and lumber and milk – and, oddly, the unemployment rate. The initial unemployment claims ticked up last week, even as the number of job openings reached a record high level. Between the COVID relief bill, the infrastructure proposal, and a jobs act, the Biden Administration’s spending plans are totaling $6 trillion. And with economic activity reopening after the COVID pandemic, consumers are getting out, eager to spend, and holding pl
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