interest rate cut

Wall Street surges as Powell cements September rate cut hopes

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Fed’s Powell says ‘time has come’ to cut interest rates Small caps, regional banks surge Workday jumps after Q2 revenue beat, $1 bln share buyback plan Indexes up: Dow 0.90%, S&P 500 0.88%, Nasdaq 1.21% NEW YORK, – U.S. stocks rallied on Friday as dovish remarks from U.S. Federal Reserve Chair Jerome Powell solidified expectations … Read more

The importance of fixed income in your portfolio

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The importance of fixed income in your portfolio

A film becomes a hit not just because of the star but also the effort of the entire crew. Similarly, your portfolio can yield optimum results only if it is well-distributed across suitable investment avenues. The context here is fixed income investments. It is referred to as ‘fixed income’ as there is a defined coupon … Read more