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Fed’s Barr Says Monetary Policy ‘Inextricably’ Tied to Stability

(Bloomberg) -- Federal Reserve Vice Chair for Supervision Michael Barr says monetary policy and financial stability are “inextricably linked.” Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesThe Trump Administration Takes Aim at Transportation ResearchDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverShelters Await Billions in Federal Money for Homelessness ProvidersBarr’s speech Tuesday f

Wall Street Gamblers Get Crushed as Leveraged ETF Losses Hit 40%

(Bloomberg) -- They were all the rage on the way up: high-risk, high-return exchange-traded funds, minted in bulk by Wall Street product managers in the euphoria of the post-election bull market.Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Mon

3 Consumer Stocks in Hot Water

Consumer discretionary businesses are levered to the highs and lows of economic cycles. This sensitive demand profile can lead to some stock price volatility, but over the past six months, the industry has stayed on track as its 6.3% return was close to the S&P 500’s.

3 Consumer Stocks Skating on Thin Ice

The performance of consumer discretionary businesses is closely linked to economic cycles. This sensitive demand profile can lead to some stock price volatility, but over the past six months, the industry has stayed on track as its 6.3% return was close to the S&P 500’s.