The muni bond market looks good.  How to add them to your portfolio

The muni bond market looks good. How to add them to your portfolio

Recent market turbulence has investors looking for income. For some, municipal bonds may be the solution. The muni market has taken a beating this year, with net weekly inflows into muni mutual funds and exchange-traded funds negative for most of 2022, according to Refinitiv Lipper data. However, their returns and tax benefits can make them…

Stock market investors cheered by July inflation data.  Big firms like Pimco and BlackRock aren’t so sure.

Stock market investors cheered by July inflation data. Big firms like Pimco and BlackRock aren’t so sure.

Wednesday’s release of the Consumer Price Index report for July contained enough negative surprises to give stock investors hope that the worst of inflation may be behind us. Still, an undercurrent of concern persisted at big-name companies like Pimco and BlackRock Inc., the world’s largest asset manager. According to Pimco economists Tiffany Wilding and Allison…

Market jump after Fed hike is ‘trap’, Morgan Stanley warns investors

Market jump after Fed hike is ‘trap’, Morgan Stanley warns investors

Morgan Stanley is urging investors not to put their money in stocks despite the market rally following the Fed’s decision. Mike Wilson, the company’s chief U.S. equity strategist and chief investment officer, said he believes Wall Street’s excitement over the idea that interest rate hikes may slow sooner than expected is premature and problematic. “The…