- When buying a new car is cheaper than buying a used one – Edmunds.com
- The best time to buy an airline ticket – WSJ
- Don’t get an MBA – Philip Delves Broughton, The Economist
- Why we use debit cards instead of credit cards – David Evans
AUTHOR
Mick Weinstein
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The Fed’s recent rate hike has pushed the target range to 5.25%-5.50%, the highest level since early 2001, leaving investors to ponder if Powell & Co. are finished with this rate hike cycle or if there is another move waiting in the wings.
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Stock picks and tax advice from top Covestor managers.
The credit spreads on the CDX High-Yield Index widened, which is noteworthy because stocks and credit spreads generally tend to move in the same direction. It also seems that free cash flow for stocks does matter.