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Vanguard vs. TD Ameritrade: The biggest differencesCompare Vanguard and TD Ameritrade VanguardTD Ameritrade investment account Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Read our review Read Our Review A looong arrow, pointing rightVanguard and TD Ameritrade's features and account options also vary. Most of the brokerage's actively managed mutual funds have a $3,000 minimum, but you'll only need $1,000 for investor shares in Vanguard Target Retirement Funds and the Vanguard Star Fund. Its other automated investing account, Vanguard Personal Advisor Services, offers something more: one-on-one advisor guidance. Vanguard vs. TD Ameritrade — Frequently asked questions (FAQ)What is the difference between Vanguard and TD Ameritrade?

☆ Wall St Week Ahead U.S. bank stocks falter as recession worries take hold
▼ + stars: | 2022-12-16 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +4 min

The S&P 500 banks index (.SPXBK) has slumped some 11% this month against a 5.5% drop for the broader index (.SPX) in the same period. While bank stocks have traded broadly in line with the S&P 500 throughout the year, their decline accelerated in recent weeks, with the S&P 500 bank index now off over 24% in 2022. The S&P 500 is down 19% year-to-date, on pace for its biggest annual percentage drop since 2008. Expectations of a slowdown led Todd's firm to sell some of its bank shares earlier this year. King Lip, chief strategist at Baker Avenue Wealth Management, said his firm recently bought bank stocks, convinced that any hit to U.S. growth will likely be moderate.

☆ Who will be Wall Street’s un-American idol?
▼ + stars: | 2022-12-16 | by ( John Foley | ) www.reuters.com time to read: +8 min

Europeans have been losing the battle against Wall Street’s cozy club for a decade. Deutsche Bank has done the former. BNP has made smaller steps, buying Bank of America’s prime broking business in 2008, then Deutsche Bank’s in 2019. Even with the best intentions, European banks must contend with their own regulators, which affects their ability to take risk elsewhere. JPMorgan, Bank of America, Citigroup, Morgan Stanley and Goldman Sachs together took the top five slots for debt capital markets and merger advisory, as they also did in 2021.

☆ Stocks have not yet bottomed and investors should be prepared for flat returns through 2023, Goldman Sachs says
▼ + stars: | 2022-11-28 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +3 min

Despite a relief rally this month, Goldman Sachs says the stock market has still not bottomed out. Investors should have less exposure to stocks and bonds in the near-term, the bank wrote in a note on Monday. A Goldman analyst broke down why investors may want to allocate more to cash and credit for now. But the party isn't going to last, according to Goldman Sachs strategist Christian Mueller-Glissmann, and there are a number of conditions that have still not been met in order for a market bottom to form. And the recent relief rally on peak inflation/hawkishness hopes has reduced risk premia on cyclical assets again."

To bring down sky-high inflation, the Fed has repeatedly raised interest rates in 2022. On November 2, the Federal Reserve raised interest rates for the sixth time this year, in an effort to slow inflation. Here are the ways I'm planning to take advantage of high interest rates before the end of 2022. Shopping for the best savings accountOver the last few months, as interest rates have gone up, some banks have started to increase interest rates on high-yield savings accounts. When interest rates rise, bond prices tend to decrease, while still offering a higher yield.

☆ Bond-based ETFs entice balance-seeking investors
▼ + stars: | 2022-11-03 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

Lake runs the JPMorgan Ultra-Short Income ETF (JPST) , which is currently the largest actively managed ETF in the world. "Investors are using JPST as a place to hide out while they wait for the market to find its footing," he said. The actively managed ETF invests primarily in a diversified portfolio of short-term, investment grade fixed-and floating-rate corporate and structured debt. "But when you're looking at a passive kind of fixed income benchmark, that's not exactly how investors really think about investing in bonds." Traders investing in bond ETFs, according to Lake, are looking for a fund that will balance a portfolio and offer yield with a low correlation to equities.

☆ Jerome Powell's favorite bond-market gauge is on the verge of inverting, a sign of impending recession. That could mean a Fed pivot within months.
▼ + stars: | 2022-11-01 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

If that happens, it would signal an impending recession and a Fed pivot by the spring of 2024. The Fed chair touted the predictive power of the short end of the yield curve earlier this year. An inverted yield curve is one where interest rates for short-term fixed-income securities are higher than those for longer-term ones. "That's really what has 100% of the explanatory power of the yield curve. The Fed is expected to announce yet another mega-hike of 75 basis points at the end of its October meeting Thursday, which could invert Powell's favorite yield curve.

☆ European banks’ perfect moment will prove fleeting
▼ + stars: | 2022-10-26 | by ( Liam Proud | ) www.reuters.com time to read: +4 min

LONDON, Oct 26 (Reuters Breakingviews) - Europe’s big banks are enjoying a perfect moment. That dream scenario allowed Deutsche Bank (DBKGn.DE), Barclays (BARC.L) and Banco Santander (SAN.MC) to report chunky profits in third-quarter results released on Wednesday. Barclays’ revenue from trading fixed-income securities, currencies, and commodities in the first nine months of 2022 was 63% higher year-on-year. Deutsche, Barclays and Santander have slashed their group-wide stock of loan-loss provisions since 2020, and in the latter two cases they’re even below pre-pandemic levels. Deutsche Bank and Barclays were down 0.5% and 0.9% respectively.

☆ The urgent search for the perfect inflation hedge
▼ + stars: | 2022-10-20 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

But when inflation takes off, stocks and bonds become positively correlated, rising and falling together. The failure of bonds and stocks to deliver protection when inflation spikes has forced investors to seek other hedges. “Each attempted inflation hedge has its particular attractions, risks, and shortcomings,” wrote the journalist Henry Hazlitt in 1978. Hazlitt wrote that the only reliable inflation hedge is to end inflation. If the Fed loses its battle against rising prices, more people will come to appreciate the insurance they provide.

☆ The 10-year US Treasury yield just hit its highest level since 2011 ahead of the Fed's rate hike decision
▼ + stars: | 2022-09-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The 10-year US Treasury yield surged to its highest level since 2011 on Monday, hitting a high of 3.51%. Monday's surge in Treasury yields came a day ahead of the Fed's upcoming rate hike decision. The 10-year yield hit a high of 3.51%, rising as much as 6 basis points before paring some of its gains for the day. Not since April 2011 has the 10-year yield traded above 3.50%. A similar upward trajectory is likely for the 10-year Treasury yield, according to Fairlead Strategies founder Katie Stockton.

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