3 Things New Fed Chair Powell Must Confront Immediately

3 Things New Fed Chair Powell Must Confront Immediately

A bear market in bonds? A government funding crisis? Stagnant wages and stalled-out deposit rates? These are three challenges the new Federal Reserve chair must confront after being sworn in Monday to replace Janet Yellen.

Why I Am Shorting Bonds and You Should Too

Why I Am Shorting Bonds and You Should Too

Here's why I believe a bond selloff and yield overshoot is possible in 2018.

My Favorite Dividend Sector and Why I Like Municipal Bonds and Closed-End Funds

My Favorite Dividend Sector and Why I Like Municipal Bonds and Closed-End Funds

This area is set to continue to do well even if rates rise.

Trump Tax Cuts Already Boosting Consumer Spending: Fed Officials

Trump Tax Cuts Already Boosting Consumer Spending: Fed Officials

Investors are looking for clues on whether Trump's tax cuts will fuel enough growth to spur faster inflation, which in turn could prompt the Fed to accelerate increases in benchmark interest rates.

Citi Sees $20 Billion Write-off of Tax Credits From Senate Bill

Citi Sees $20 Billion Write-off of Tax Credits From Senate Bill

Citigroup CFO John Gerspach says this year's unusually low price swings in bond markets have continued into the fourth quarter, with trading profits expected to fall more than the 15% drop projected by rivals JPMorgan Chase and Bank of America.

Hopes Fade at JPMorgan, Bank of America for 2017 Trading Turnaround

Hopes Fade at JPMorgan, Bank of America for 2017 Trading Turnaround

Unusually low price swings have hurt Wall Street banks' trading profits this year, and there are few signs of a revival as the end of the end of the year approaches.

Trump Push to Weaken Wall Street Rules Proves Boon to JPMorgan, Citi

Trump Push to Weaken Wall Street Rules Proves Boon to JPMorgan, Citi

Wall Street has faced increasingly tough regulations since the financial crisis of 2008, embodied in the Dodd-Frank Act of 2010. President Donald Trump, in office for less than a year, has appointed multiple heads of financial-industry regulatory agencies who are already moving to scrap or weaken the post-crisis measures.

Goldman Sachs Traders' Bleak Year Is Not Getting Any More Upbeat

Goldman Sachs Traders' Bleak Year Is Not Getting Any More Upbeat

Goldman Sachs, historically known for its trading prowess, isn't seeing signs of a rebound in the fourth quarter, CFO Martin Chavez says at a banking conference in New York.

Trump's 'Say Goodbye' to Puerto Rico Debt Quip Sends Bond Prices to Record Low

Trump's 'Say Goodbye' to Puerto Rico Debt Quip Sends Bond Prices to Record Low

Trump's suggestion to 'wipe out' Puerto Rico's debt has sent bond prices to an all-time low

Don't Invest Based on Trump's Fate

Don't Invest Based on Trump's Fate

There are many factors in play and many questions that can't be answered.