Advisors stick with Treasuries despite political tension over debt limit
Investment advisors are keeping their faith in U.S. Treasury securities despite rising political tension over the debt limit.
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Investment advisors are keeping their faith in U.S. Treasury securities despite rising political tension over the debt limit.
The Dow Jones Industrial Average had its worst day in months and markets as a whole dropped Thursday, after numbers from the U.S. Census Bureau showed retail sales declined more than expected in November.
Christmas is just 10 days away, and investors hoping for a Santa Claus rally have found little holiday cheer on Wall Street this month -- especially Thursday.
ARK Invest's flagship exchange traded fund has gained momentum, outperforming the broader U.S. markets since bottoming out in mid-May, as traders saw an opportunity to buy the high-growth strategy on the cheap.
The Federal Reserve is going to raise interest rates at its next meeting on March 16 to try to put a lid on inflation. That much we know. The only question is whether the Fed will boost rates by a quarter of a percentage point or a half-point.