Market Slip and Slide: A New Yorker’s Take Listen, folks. Monday wasn’t exactly a walk in Central Park for Wall Street. The S&P 500? Down by -0.53%. The Dow took a deeper dive at -0.90%, and even the Nasdaq skidded down by -0.36%. If you’ve been riding the E-mini futures, those weren’t looking peachy either. […]
Tuesday wasn’t exactly Wall Street’s finest hour. Stocks took a nosedive, with the S&P 500, Dow Jones, and Nasdaq all sliding down the charts. The S&P 500 and Nasdaq 100 hit 1.5-week lows, and the Dow nudged down to a 1-week low. Higher bond yields didn’t help, pushing investors into a classic risk-off mode. The […]
So, let’s get straight into it, shall we? Any late-breaking news on the bond front appears to have folks in the know casting sidelong glances, sipping their coffees a bit more nervously than usual. Yeah, we’re talking about the bond market, which lately is looking like it’s had one too many espressos. A Glance at […]
The ETF scene in NYC is buzzing, particularly with BlackRock’s new gem on the block: the iShares Long-Term National Muni Bond ETF, aka LMUB. This baby walks the same path as the ICE AMT-Free US Long National Municipal Index and its main charm is its no-federal-income-tax aura. So if you’re a tax-savvy investor, this is […]
Yo, grab your coffee, ’cause we’ve got some hot financial deets to dive into! The latest 5-year Government Investment Issue (GII) reopening auction is making waves. Why? We’ve seen some mad investor interest, even though the issuance size was on the leaner side—just MYR4 billion (yeah, you heard right). First things first, the bid-to-cover (BTC) […]
