|
European markets build on gains as investors digest Fed minutes CNBCFed Moves Toward Another Big Rate Increase as Inflation Lingers The New York TimesFed Officials Agreed Rates May Need to Keep Rising Bloomberg Markets and FinanceFed sees 'more restrictive' policy as likely if inflation fails to come down, minutes say CNBCSTOCK MARKET NEWS: Fed minutes signal July rate hike size as inflation persists Fox Business
|
RELATED ARTICLES | | |
|
 A cooling market and elevated prices are a double-edged sword in New York City, and elsewhere.
|
|
Shares in the South Korean tech giant rose as much as 3.7% to 58,500 won ($44.82) in early afternoon trade.
|
|
Inflation Fears Drove Larger Fed Rate Increase in June The Wall Street JournalFed sees 'more restrictive' policy as likely if inflation fails to come down, minutes say CNBCFed sees 'more restrictive' policy as likely if inflation stays high, FOMC minutes say CNBC Television2 of the Dow's Top Finishers Have Crushed the Broader Market This Year The Motley FoolFed Officials Agreed Rates May Need to Keep Rising Bloomberg Markets and FinanceView Full Coverage on Google News
|
|
It's still a worker's job market, with 11.3 million open jobs at the end of May, according to new data from the Labor Department.
|
|
Prices for many cryptos moved lower in June, and are down over 70% from 2021 highs.
|
|
When you buy shares of stock, you become a partner in a business. Perhaps I'm stating the obvious, but I doubt all investors see their purchases that way. Many see stocks as horses to bet on or as scorecards that tell them how their 401(k) is doing. Because stocks represent pieces of companies, the first consideration is whether that company is worthy of your partnership.
As I told readers two years ago, I keep a wish list of about a dozen companies. I want to become a partner, but I am waiting for the market to offer me a better price - an event that may never come. Some of these shares have been on my list for decades, and in my reluctance, I have missed spectacular successes.
SEE MORE The 15 Best Stocks to Buy for the Rest of 2022
Johnson & Johnson (JNJ) is a good example. I have lusted after the stock for 20 years, as it has gone from $54 to $176, with a dividend that has increased from 84 cents to $4.52 a share. If you bought J&J in mid-2002, your original investment would be yielding 8.4% annually in dividends alone. (Stocks I like are in bold. Prices and other data are as of June 3.)
When the market drops sharply, I don't despair. Instead, I pull out my list to see if any of the stocks I like have moved into buying range. In other words, could I become an owner? This is a subjective decision. I'm not looking for a particular price-earnings ratio but a general sense that now is the time to pounce on the value stocks.
Such an occasion presented itself in early 2020, when the market tanked on the realization that the COVID pandemic was serious. In the five-week period ending March 15, the
|
|
