On July 23, 2012, the 10-year Treasury yield hit a record low of 1.395% and within a month was at 1.86%. A year later it was at 2.73%. On May 1, 2013, the 10-year yield was at 1.61% and just four months later it had nearly doubled to 2.98%. Today, interest rates are low - the 10-year is now down to 2.48% - and have a good chance of declining further. But when rates eventually do head higher, they can spike quickly. Read On…
Every month, The Oxford Club's editors get together to discuss what trends they expect to see in the upcoming month. And this month, they're at it again. The debate: Can you trade geopolitical upheaval?
IU Stock Grader Buffalo Wild Wings (BWLD) Down 12% on Cautious Full-Year Outlook
Buffalo Wild Wings (Nasdaq: BWLD) gave plenty of positive news after the closing bell yesterday when they announced second quarter results. But their updated full-year guidance left Wall Street with a bad taste in its mouth, sending shares down over 12% this morning. Let’s see how Buffalo Wild Wings performs on our Investment U Fundamental Factor Test.
Should investors split? Janet Yellen, the chair of the Board of Governors of the Federal Reserve System, thinks so. Stocks dove slightly after Yellen’s bold July 15 statement that both industries seemed “substantially stretched.” The words were subtly included in the Fed’s Monetary Policy Report, but had an instant negative effect on the market.