While wagering on individual ideas often features the highest reward potential, many turn to mutual funds such as those under Fidelity Investments for exposure to a basket of stocks. Even better, the diversity of offerings means that the company features an array of choices for nearly any investing strategy. Let’s take a look at some… More
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Stocks Surge on the Fed Hike
The Fed raises rates 75 basis-points … what’s the latest on earnings? … corporate layoffs are beginning to grow … will tomorrow reveal that we’re in a recession? Today, the Fed matched expectations by raising rates 75 basis-points. The central bank has now raised rates in four consecutive meetings, bringing the target fed funds rate… More
