In The News

9.28.2021

Ford and SK Innovation to spend $11 billion, create 11,000 jobs on new U.S. EV and battery plants - CNBC

"The investment includes two lithium-ion battery plants in central Kentucky and a 3,600-acre campus in west Tennessee called Blue Oval City."

 

Money Flees Emerging Bond ETFs on Evergrande, Fed Taper Risk - Bloomberg

"Investors yanked money out of exchange-traded funds tracking emerging bonds last week as the spectacular unraveling of China Evergrande Group and a hawkish tilt from the Federal Reserve hit appetite for risk."

 

Rising Bond Yields Are Slamming the Stock Market. These Stocks Are Good Bets. - Barron's

"Bond yields have surged, and they look poised for more gains. That's putting downward pressure on the stock market, but not every sector faces headwinds. Financial stocks look like the best bets, with manufacturers and energy firms also looking like solid choices to benefit from rising yields."

 

Exxon, Chevron Lack a Certain Je ne Sais Quoi - WSJ

"Investors seem to prefer major U.S. oil companies' energy-transition plans compared with their European peers. The verdict is still out."

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