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Latest Breaking News On - Sage advisory - Page 7 : comparemela.com
Asia markets fall; China's economy grew 6.3%, missing expectations
China reported that second-quarter gross domestic product grew by 6.3% from a year ago, as unemployment rate hit new record.
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Investors count on market momentum in week ahead as earnings rain down
Expectations are low heading into the second-quarter earnings season, though high valuations pose a risk.
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The Fed Remains on Hold as Inflationary Pressures Decrease
After a prolonged debt ceiling standoff in Washington came to an end, the FOMC delivered on its long-awaited policy rate “pause” at the June meeting.
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Munis improve slightly but investors still hesitant to dive in
Those "holding out for wider yields or relative value" are frustrated due to an extremely tight muni range, but FHN Financial's Kim Olsan said, "the reality is that supply has yet to materialize to force that change."
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Investors shift into high-yield ETFs as a potential Fed pause looms
The iShares iBoxx $ High Yield Corporate Bond ETF (HYG), brought in nearly $1.2 billion in cash over the past week, according to FactSet.
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