Corrected to include Dominion Energy’s dividend-cut announcement in July. Utility stocks are being left behind as equity indexes have risen to records and bond yields have sunk to all-time lows. But if you are looking for income, you need to consider utility stocks. The S&P 500 Index has rebounded from …
Read More »Key Words: Fauci tells Americans to ‘hunker down’ this fall and winter: ‘It’s not going to be easy’
“ ‘[D]on’t try and look at the rosy side of things.’ ” — Dr. Anthony Fauci The world is officially six months into the coronavirus pandemic, and Dr. Anthony Fauci is warning that there are still rough times ahead. Ready for the winter of our discontent? “We need to hunker …
Read More »Market Extra: Stock-market selloff: Why it’s too early to call tech rout the start of a correction
Big rallies often come to an ugly end — and that was certainly the case Thursday for tech stocks and other high-flying sectors that have benefited from momentum-driven waves of buying. But that doesn’t mean a full-fledged correction for the most popular stocks — or the broader market — is …
Read More »Economic Preview: Economists predict U.S. added 1.7 million jobs in July, but admit it’s largely a guess. Here’s what worries them
The U.S. economy probably suffered a steep decline in hiring and job creation in July, but rarely has Wall Street been so flummoxed about the state of the labor market. The resurgence of the coronavirus epidemic in many American states and a potentially big shift in school employment could throw …
Read More »The number one reason your houseplants are dying {it’s an easy fix!}
It’s funny, but one of my most commonly asked questions here on the blog is about our plants! It never fails that I’ll get messages or emails about plant care when I share a room that has one in it. Today I’m sharing the biggest mistake I find so many …
Read More »Key Words: ‘It’s actually not that easy, but for me it was easy’: Trump describes his recent cognitive test: ‘Person. Woman. Man. Camera. TV.’
President Trump defended his recent cognitive test — this time describing it in detail. Speaking to Marc Siegel, an associate professor of medicine at New York University’s Langone Medical Center and Fox News reporter and contributor, the president said, “It was 30 to 35 questions. The first questions are very …
Read More »Market Extra: It’s like the Wild West with the ‘get-rich-crowd’ vs Wall St. pros, but it’s too easy to blame retail investors for ‘rampant speculation’
Tales of out-of-work 20 and 30-somethings using coronavirus-stimulus checks to scoop up stocks on Wall Street with reckless abandon are emerging fast and furiously, but the reasons behind the recent fervor for investing is, perhaps, far simpler. MarketWatch has written a bit about the rise of retail investors of late, …
Read More »MarketWatch First Take: It’s official: Nvidia is not just a gaming company anymore
Nvidia Corp., long known as a graphics-chip maker for videogaming, is turning into more of a data-center company. Nvidia reported strong first-quarter earnings Thursday, as sales of data-center chips soared 80% and surpassed $ 1 billion in a single quarter for the first time, at $ 1.13 billion, while gaming …
Read More »Key Words: White House adviser who said it’s ‘scary to go to work’ doesn’t seem afraid of what’s next for the economy
“ ‘I think definitely you’re looking at a very strong third quarter, a very strong fourth quarter and probably a great next year. So I guess I disagree that it’s going to take all the way through the end of 2021.’ ” That’s White House senior adviser Kevin Hassett taking …
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