By: InBusiness Meet our In Business Professional of the Week, Penny Hubbard, vice president at Thompson Investment Management. Penny acknowledges change can be scary and anxiety-inducing, but her advice to anyone starting out in business is to grab ahold of it and run with it. “It’s really important at times to be a little fearful […]
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Americans Are Pouring Money Into Their Homes Like It’s the 1990s – Bloomberg
By Vince Golle (Bloomberg.com) – If you’re building or renovating a home in the U.S. these days, you’ve got plenty of company.
Mnuchin Says Ultra-Long U.S. Bonds Can Absolutely Make Sense – Bloomberg
By John Micklethwait and Saleha Mohsin (Bloomberg.com) – Treasury Secretary Steven Mnuchin said the first ultra-long bond issuance could “absolutely” make sense to help finance the U.S. government, while indicating he’d be reluctant to swell the federal budget deficit to pay for planned infrastructure investment.
Markets Start to Ponder the $13 Trillion Gorilla in the Room – Bloomberg
By Enda Curran, Liz McCormick, and Eric Lam (Bloomberg.com) – After heading into the uncharted territory of quantitative easing, the world’s central banks are starting to plan their course through the uncharted waters of quantitative tightening.
U.S. Consumer Prices Show Biggest Annual Increase Since 2012 – Bloomberg
By Sho Chandra (bloomberg.com) – The U.S. cost of living rose in February, while prices increased from a year ago by the most since March 2012, reinforcing the view that inflation is in line with the Federal Reserve’s goal.
Fed Nods to Improved Sentiment While Leaving Rates Unchanged – Bloomberg
By Christopher Condon (Bloomberg.com) – Federal Reserve officials left interest rates unchanged while acknowledging rising confidence among consumers and businesses following Donald Trump’s election victory.
DOL encourages investors to ask advisers if they are fiduciaries – Investment News
By Mark Schoeff Jr. (InvestmentNews.com) – DOL encourages investors to ask advisers if they are fiduciaries. Agency provides a litany of questions for consumers as well as FAQs on technical compliance for advisers.
Home Prices in 20 U.S. Cities Increased 5.1% in October – Bloomberg
By Michelle Jamrisko (Bloomberg.com) – Home prices in 20 U.S. cities maintained a steady pace of increases in October while a gauge of nationwide property values rose by the most since mid-2014, according to S&P CoreLogic Case-Shiller data released Tuesday.
Bond Market Rises to Liquidity Challenge – Bloomberg Gadfly
By Lisa Abramowicz (bloomberg.com) – In some ways, the $40.7 trillion U.S. bond market just passed an important test: It demonstrated that it could account for rapidly shifting views without breaking down.
Copper Set for Best Month in a Decade as Speculators Pile in – Bloomberg
By Mark Burton (bloomberg.com) – Copper, seen as a barometer for the global economy, is on a tear. The metal is headed for the biggest monthly gain in a decade as investors flock back to commodities even as some banks warn the rally has gone too far.
For links to mutual fund articles, please visit Thompson IM Funds at www.ThompsonIM.com