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☆ These bond funds withstood the 2008 and 2020 recessions. What investors can learn from them
▼ + stars: | 2023-11-07 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Investors curious as to whether their bond funds could withstand an economic downturn would do well to look back to the last two recessions. The PGIM Core Bond Fund (TAIBX) and the Calvert Core Bond Fund (CLDAX ) earned returns of more than 8% from December 2007 to the end of June 2009, according to data from Morningstar Direct. Standouts include the Carillon Reams Core Bond Fund (SCCIX) , which incurred a 7.55% return from February through April 2020, per Morningstar. The Johnson Institutional Core Bond fund (JIBFX) and American Funds' Bond Fund of America (ABNDX) round out the top three, with total returns in that period of more than 4%. A combo of attributes Core bond funds have a combination of features that prepare them for downturns.

Persons: Liz Young, Lehman, Calvert, Paul Olmsted, Olmsted Organizations: Nasdaq, Federal, Lehman Brothers, Bond Fund, Morningstar Direct, Funds, Bond Fund of America, Morningstar, Treasury Bond ETF

☆ A ferocious rally like this is not 'durable': SoFi's Liz Young
▼ + stars: | 2023-11-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA ferocious rally like this is not 'durable': SoFi's Liz YoungLiz Young, Jason Snipe, Jim Lebenthal, and Steve Weiss join 'Halftime Report' to discuss the latest market rally, the likelihood of a recession, and more.

Persons: SoFi's Liz Young Liz Young, Jason Snipe, Jim Lebenthal, Steve Weiss

☆ Stocks making the biggest moves midday: Pinterest, Caterpillar, JetBlue, Chegg and more
▼ + stars: | 2023-10-31 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Pinterest — Shares of the image-sharing social media platform soared 19% Tuesday, a day after the firm's third-quarter earnings report beat expectations for earnings and revenue. Pinterest also eased concerns over potential ad revenue loss due to the Israel-Hamas war, saying some of the advertisers that had initially paused spending have already returned. Caterpillar said in its earnings presentation that revenue in the fourth quarter would be just "slightly" above the same quarter a year prior. JetBlue lost 39 cents per share, excluding items, on $2.35 billion of revenue, while analysts polled by LSEG expected a loss of 25 cents per share on $2.38 billion of revenue. This was higher than the $1.58 in earnings per share on $1.48 billion in revenue that analysts had forecast, according to FactSet.

Persons: Pinterest, Busch, Jet Blue, LSEG, Wolfspeed, Chegg, Morgan Stanley, Baird, SoFi, Roku, MoffettNathanson, — CNBC's Pia Singh, Yun Li, Hakyung Kim, Lisa Kailai Han, Brian Evans, Jesse Pound Organizations: Anheuser, Busch, LSEG, Revenue, Caterpillar, JetBlue —, Jet, JetBlue, Spirit Airlines, Arista Networks, Arista, VF Corp, Vans, U.S, BP, ON, Asbury Automotive, JPMorgan Locations: Israel, LSEG, U.S

☆ We're going to see a further slowdown, says SoFi's Liz Young
▼ + stars: | 2023-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're going to see a further slowdown, says SoFi's Liz YoungLiz Young, SoFi head of investment strategy, joins 'Closing Bell' to discuss her year-end playbook.

Persons: SoFi's Liz Young Liz Young

☆ Watch CNBC’s full interview with SoFi's Liz Young and Veritas' Greg Branch
▼ + stars: | 2023-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with SoFi's Liz Young and Veritas' Greg BranchLiz Young, SoFi head of investment strategy, and Gregory Branch, founder and managing partner at Veritas Financial Group, join 'Closing Bell' to discuss their year-end playbook, where the markets are headed, and more.

Persons: SoFi's Liz Young, Greg Branch Liz Young, Gregory Branch Organizations: Veritas, Veritas Financial Group

☆ There's been a 'decided tone shift' in markets, says SoFi's Liz Young
▼ + stars: | 2023-10-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's been a 'decided tone shift' in markets, says SoFi's Liz YoungLiz Young, SoFi head of investment strategy, joins 'Squawk Box' to discuss the latest market trends, earnings season, the Fed's inflation fight, and more.

Persons: SoFi's Liz Young Liz Young

☆ Cramer's Lighting Round: 'Stay away' from HF Sinclair
▼ + stars: | 2023-10-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Toast's year-to-date stock performance. Stock Chart Icon Stock chart icon CVS's year-to-date stock performance. Stock Chart Icon Stock chart icon HF Sinclair's year-to-date stock performance. Stock Chart Icon Stock chart icon Exact Sciences' year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance.

Persons: I'd, It's, you've, I've, it's Organizations: CVS, Gillette, Resources, Sinclair

☆ Here are Wednesday's biggest analyst calls: Nvidia, Boeing, SoFi, Netflix, Apple, Cava, Walmart and more
▼ + stars: | 2023-10-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street on Wednesday: Goldman Sachs upgrades Shoals to buy from neutral Goldman Sachs said the solar company is very attractive. Morgan Stanley upgrades Cava to overweight from neutral Morgan Stanley said it's gaining confidence in the restaurant chain. JPMorgan upgrades CSX to overweight from neutral JPMorgan said rail concerns have already played out. JPMorgan upgrades Iris Energy to overweight from neutral JPMorgan said the bitcoin mining company is "best-in-class." JPMorgan initiates CleanSpark as overweight JPMorgan said the bitcoin miner offers "relative value."

Persons: Goldman Sachs, Wells, Wells Fargo, TD Cowen, Cowen, Stephens, Raymond James, it's bullish, Morgan Stanley, Cava, it's, UBS downgrades Morgan Stanley, Oppenheimer, Needham, Robinhood, MAUs, Truist, Piper Sandler, JPMorgan, Mizuho, SoFi, SOFI, Leerink, Apple Organizations: Netflix, JPMorgan, CSX, Nvidia, Iris Energy, Energy, UBS, Boeing, Oppenheimer downgrades Texas, Texas, Qs, Logistics, Amazon, Arista Networks, Barclays, Ball Corporation, Apple, Walmart, Deutsche Bank, Cboe Locations: CAVA, OW, U.S, China, ANET, SoFi

☆ CNBC Daily Open: Brief reprieve for investors
▼ + stars: | 2023-10-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Michael M. Santiago | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineInvestors got a brief reprieve from bad news and rising costs yesterday, which helped to ease pressure from stocks. "I don't think you get a broader [rally] participation until rates ease up, and that's only if rates ease without some sort of financial crisis or hard landing recession," said Ross Mayfield, investment strategy analyst at Baird. Echoing Mayfield, Liz Young, SoFi's head of investment strategy, said, "Obviously, we're getting a little reprieve today, but I think it's just that."

Persons: Michael M, Tuesday's JOLTS, Brent, Ross Mayfield, Baird, Echoing Mayfield, Liz Young Organizations: GM, New York Stock Exchange, Santiago, CNBC, Federal, ADP, West Texas, Dow Jones, Nasdaq Locations: New York City, U.S

☆ Watch CNBC's full interview with Solus' Dan Greenhaus, SoFi's Liz Young and Veritas' Greg Branch
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Solus' Dan Greenhaus, SoFi's Liz Young and Veritas' Greg BranchDan Greenhaus, Solus Alternative Asset Management chief strategist, Liz Young, SoFi head of investment strategy, and Gregory Branch, founder and managing partner at Veritas Financial Group, join 'Closing Bell' to discuss markets, rising yields, and rates.

Persons: Solus, Dan Greenhaus, SoFi's Liz Young, Greg Branch Dan Greenhaus, Liz Young, Gregory Branch Organizations: Veritas, Asset Management, Veritas Financial Group

☆ The upside surprises to economic data won't last, says SoFi's Liz Young
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe upside surprises to economic data won't last, says SoFi's Liz YoungDan Greenhaus, Solus Alternative Asset Management chief strategist, Liz Young, SoFi head of investment strategy, and Gregory Branch, founder and managing partner at Veritas Financial Group, join 'Closing Bell' to discuss markets, rising yields, and rates.

Persons: SoFi's Liz Young Dan Greenhaus, Liz Young, Gregory Branch Organizations: Asset Management, Veritas Financial Group

☆ Cramer's Lightning Round: Upstart is 'a little too risky'
▼ + stars: | 2023-10-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Upstart's year-to-date stock performance. Upstart : "It's a little too risky for me, it's losing money. Stock Chart Icon Stock chart icon Altria's year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance. Stock Chart Icon Stock chart icon Nextera's year-to-date stock performance.

Persons: it's, I've Locations: Noto

☆ Stock futures tick lower on Wednesday night after Dow snaps 3-day string of losses: Live updates
▼ + stars: | 2023-10-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Futures tied to the Dow Jones Industrial Average slid 57 points, or 0.2%. Stocks were aided by a retreat in Treasury yields. The rate on the 10-year Treasury note slipped from highs last seen in 2007 after payroll processing firm ADP said that private job growth totaled 89,000 for September. The spread between the 2-year and 10-year Treasury yields ended Wednesday at about 31 basis points. The 2- and 10-year yield curve has been inverted since March 2022 – meaning short-term Treasury rates are higher than long-term rates.

Persons: Clorox, FactSet, I've, Liz Young, Stocks, Dow Jones, Young, Yun Li Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Dow Locations: New York City . U.S

☆ Cramer's Lightning Round: SoFi is a buy
▼ + stars: | 2023-09-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Carpenter's year-to-date stock performance. Stock Chart Icon Stock chart icon Golar's year-to-date stock performance. Stock Chart Icon Stock chart icon Aehr's year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance. Stock Chart Icon Stock chart icon Harmonic's year-to-date stock performance.

Persons: Carpenter, you've, Jim Cramer's Locations: Philadelphia, Emerson

☆ SoFi's Liz Young on August inflation data: Consumers are facing an uphill battle
▼ + stars: | 2023-09-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi's Liz Young on August inflation data: Consumers are facing an uphill battleLiz Young, SoFi head of investment strategy, joins 'Squawk Box' to discuss the latest market trends, why she says this week's CPI data was either a positive or a worrying sign depending on who you ask, the impact on consumer, and more.

Persons: Liz Young

☆ SoFi CEO talks second-quarter growth and 'stealing share' from big banks
▼ + stars: | 2023-09-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Anthony Noto, CEO of digital banking and personal finance company SoFi , told CNBC's Jim Cramer the company has been able to grow immensely since it received its banking license. The company has its roots in financing student loans but was licensed to become a bank last year. SoFi's second-quarter report showed the company had gained more than 584,000 new members during the quarter, with more than 6.2 million total members, up 44% year over year. Noto added that SoFi is attracting customers with its mobile-first technology and financial products such as personal loans to pay off credit card debt, as well as student loan refinancing. "If you have a student loan, you want to lower your monthly payment, you're able to do that either via a lower rate or extending the term," Noto said.

Persons: Anthony Noto, CNBC's Jim Cramer, we've, SoFi's, Noto Locations: FactSet

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Persons: that's, Chane Steiner, It's, You'll, there's, you've, Steiner Organizations: Service, Union, United States Post Office, Walmart, Chevron, U.S . Bank Locations: Wall, Silicon, Western Union, Chevron

☆ Apple's event remains important but valuations face headwinds, says SoFi's Liz Young
▼ + stars: | 2023-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's event remains important but valuations face headwinds, says SoFi's Liz YoungJosh Brown, Liz Young, and Shannon Saccocia join 'Halftime Report' to discuss price action indicating a big breakout for oil, why an energy led market may stretch out Fed policy, and the market impact of Apple's latest iPhone launch.

Persons: SoFi's Liz Young Josh Brown, Liz Young, Shannon Saccocia

☆ Cramer's Lightning Round: Stay away from VinFast
▼ + stars: | 2023-09-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Norfolk Southern's year-to-date stock performance. Stock Chart Icon Stock chart icon Sofi's year-to-date stock performance. :Stock Chart Icon Stock chart icon VinFast's year-to-date stock performance. Stock Chart Icon Stock chart icon PG&E's year-to-date stock performance. Stock Chart Icon Stock chart icon Accenture's year-to-date stock performance.

Persons: I'm, Julie Sweet Organizations: Norfolk, Stock, Arrowhead Pharmaceuticals, Accenture, Alnylam Pharmaceuticals

☆ Bank of America says this stock should benefit as student loan payments restart and borrowers refinance
▼ + stars: | 2023-09-06 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Student loan borrowers are set to restart their payments after a three-year reprieve, and Bank of America said SoFi Technologies could be a big beneficiary from an uptick in refinance activity. "We believe the uptick in deposits could also be a sign of increased student loan refinance activity," Bank of America analyst Mihir Bhatia said in a note. "SOFI should benefit from higher student loan refinances given its strong position in the student loan refi market." As a result, millions of borrowers in October will make their first student loan payment since before the Covid-19 pandemic hit. SOFI YTD mountain SoFI Bank of America said SoFi had about 60% market share in private student loan refi in recent quarters, up from 40% in the pre-pandemic era.

Persons: Mihir Bhatia, refinances, SoFi, originations, — CNBC's Michael Bloom Organizations: Bank of America, SoFi, SoFI Bank of America Locations: Tuesday's

☆ Stocks entering 'trepidatious' period in September and October, says SoFi's Liz Young
▼ + stars: | 2023-08-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStocks entering 'trepidatious' period in September and October, says SoFi's Liz YoungLiz Young, SoFi, joins 'Closing Bell' to discuss market choppiness, what to expect from the Fed heading into September and where valuations should go from here.

Persons: SoFi's Liz Young Liz Young

Before closing a bank account, you need to check your account status and current transactions. Your goal should be to leave your bank account with a $0 account balance to make the closing process more efficient. TD Bank lets you close an account through online banking or email if your account has a $0 balance. For instance, if you have a joint bank account, you may have to fill out a form or write a note that states both individuals want to close the account. Closing a Bank Account FAQSIs there a fee for closing a bank account?

Persons: you've, Banks, it'd, you'll, Chase, you'd Organizations: Service, Bank of America, Ally, Capital, TD Bank, Axos Bank Locations: Wall, Silicon, Wells Fargo

You'll likely need a government-issued ID, proof of address, and more to open a bank account. You must be 18 to open a bank account, although you can open one if a parent or guardian co-owns the account. You can open a bank account for minor, but you must bring a parent or guardian with the necessary documentation to open the account with you. How to choose a bank accountThe best bank account for you will depend on your priorities. Opening a bank account FAQsWhat documents do you need to open a bank account?

Persons: you've Organizations: Service, Department of Motor Vehicles, Social, Social Security Locations: Wall, Silicon

☆ Here are Thursday's biggest analyst calls: Apple, Amazon, Nvidia, Adobe, Pinterest, TJX, SoFi & more
▼ + stars: | 2023-08-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Citi reiterates Nvidia as buy Citi said it's bullish heading into Nvidia earnings next week. Citi reiterates Apple as buy Citi said it's bullish heading into the company's iPhone 15 launch. Oppenheimer reiterates Nvidia as outperform Oppenheimer said it's bullish on shares of Nvidia heading into earnings next week. Bank of America reiterates TJX Companies as buy Bank of America said the stock is "well positioned for continued market share gains." Bank of America reiterates Wells Fargo as buy Bank of America said Wells Fargo has one of the most attractive risk/rewards of the big banks.

Persons: it's, Charles Schwab, Jefferies, KeyBanc, Key, Oppenheimer, Rosenblatt, Evercore, Bill Ready, Meta, SoFi, Wells, Wells Fargo Organizations: Citi, Nvidia, NVIDIA, JPMorgan, Deutsche Bank, Deutsche, Novartis, Amgen, Apple, Arista, Networking, BMO, Green, Bank of America, Adobe, of America Adobe, TJX Companies, Enphase Energy Locations: Mexico, Sunrun

☆ Cramer's Lightning Round: Hold DraftKings
▼ + stars: | 2023-08-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +3 min

Stock Chart Icon Stock chart icon Salesforce's year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance. Stock Chart Icon Stock chart icon UiPath's year-to-date stock performance. Stock Chart Icon Stock chart icon DraftKings' year-to-date stock performance. Stock Chart Icon Stock chart icon GE HealthCare's year-to-date stock performance.

Persons: we'll, I'm, It's, Anthony Noto, we're, they're, Let's, DraftKings, I've, it's, James Quincey's, Coke, Jim Cramer's Organizations: Charitable Trust, American Airlines, GE, GE HealthCare

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