The Municipal Bond market experienced a surge in issuance in May, surpassing $40 billion for the first time since 2016. The current volume of $43.957 billion in 866 issues represents a significant increase of 46.9% from the previous year. This surge in issuance can be attributed to several factors, including Federal Reserve policy uncertainty, pent-up
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UBS recently released a list of its highest-conviction energy picks for the remainder of the year. Analyst Josh Silverstein highlighted the firm’s top buy-rated stocks in the energy and utilities sectors, including companies like Suncor Energy, Coterra Energy, SLB, NextEra Energy, and First Solar. These picks are based on the current market trends and potential
In a rapidly evolving crypto market, SimpleSwap, an instant crypto exchange based in George Town, Cayman Islands, is shaking things up with their new Trading Contest. With a generous prize pool of $12,000 up for grabs, crypto enthusiasts have the opportunity to compete for cash prizes by swapping over 1800 different assets on the platform.
The Washington, D.C., City Council is proposing the elimination of the tax exemption on interest on out-of-state municipal bonds. This measure is intended to raise revenue, but it is facing opposition from Mayor Muriel Bowser. The mayor has made it clear that she does not support additional tax hikes beyond what was proposed in her
Baird recently initiated UnitedHealth as outperform, citing the health insurance company as a favorite idea at the firm. The firm views UnitedHealth Group as the most vertically and horizontally integrated Managed Care company, with a $597 price target indicating a potential 20% upside. Evercore ISI upgraded Okta to outperform from in line after the identity
The meme stock rally may have fizzled out, but GameStop has once again captured the attention of short sellers. As of mid-May, GameStop emerged as a favorite among short sellers, with short interest surging by 6% to more than 68 million shares, representing over 25% of its float. This resurgence came on the heels of
As the market eagerly awaits final confirmation for the trading of spot Ethereum Exchange Traded Funds (ETFs), there is a strong sense of anticipation regarding the approval process. Ana de Mattos, a technical analyst and trader partnered with Ripio, highlights the need for the SEC to approve the S-1 filings before trading can commence. Despite
Porsche recently introduced the first-ever production hybrid version of its renowned 911 sports car, the 2025 911 Carrera GTS. With a starting price of $164,900, this new hybrid model signifies a significant shift in the traditional German sports car industry as automakers focus on increasing electrified vehicles and complying with stricter fuel economy standards. Executives
Japan’s government and central bank are facing a challenging situation as they try to address the ongoing decline in the value of the yen. Despite recent increases in bond yields, the currency continues to depreciate, causing concerns about its impact on consumption and the overall economy. At a meeting of Group of Seven (G7) finance
Warren Buffett, often referred to as the Oracle of Omaha, achieved some of his best returns in the early days of his investment career. He once boasted that he could easily produce a 50% annual return if he was managing only $1 million. This claim was backed by his success in the 1950s, when he