Wall Street’s biggest headline yesterday was the release of notes from the latest Federal Open Market Committee’s (FOMC) meeting and the results of the Fed’s stress tests on America’s 19 largest banks. In the statement released by the FOMC, the Fed expects moderate economic growth over the coming quarters and expects unemployment to decline gradually but noted it is still elevated. The Fed also reiterated its federal funds target rate range of between 0 and 0.25% through late 2014. While the economic update was important, it was the results of the stress tests that generated the biggest buzz.
The Federal Reserve Moves Markets on March 13, 2012
http://www.bryantanalysts.com/2012/03/14/the-federal-reserve-moves-markets-on-march-13-2012/
Why you should own both Verizon and AT&T in your portfolio
Every day, there are dramatic headlines highlighting the uncertainty of the global economy. In this volatile environment it is difficult to invest long term but as any great investor knows, there is always money to be made. It is impossible to ignore the interdependence we are forming with our smartphones. In the fourth quarter of 2011 alone 157.8 million smartphones were sold domestically. Smartphones are more profitable than regular cell phones because of the data plan and AT&T (T) and Verizon (VZ) have a dominant position as America’s most utilized cell phone networks. The industry is growing fast enough that you do not need to pick one of these great communications companies to invest in; owning both in your portfolio would be a wiser decision.
http://www.bryantanalysts.com/2012/02/15/why-you-should-own-both-verizon-and-att-in-your-portfolio/
Dollar Strengthens
Despite what you may have heard, U.S. gross domestic product will expand 2.1% next year, compared with 1.25% for all G-10 nations, the ten countries that agreed to make funds available to the IMF for drawing by members, according to Bloomberg’s survey of economists. This shows that the domestic economy is not as bad as the media and the general public perceives it to be.
http://www.bryantanalysts.com/2012/01/04/dollar-strengthens/
Introduction to the Bryant Analysts
My name is Nicholai Hill and I am one of the co-creators of the Bryant Analysts financial blog. Myself, along with Joe Cunningham, Dillon Rothermel, and Chris Bekel, have created this blog to share our research and opinions on the financial state of various industries and companies. Our goal is to provide the reader with interesting and insightful commentary our respective areas of expertise. To do so, we will be making bi-monthly posts – On the fifteenth of each month we will be posting overviews and updates on our sectors, and on the last day of each month we will be posting a report on an individual equity from our sector. Please expect our first industry update on October 15, 2011.
http://www.bryantanalysts.com/2011/09/27/hello-world/