Bank stocks rally on rate hopes and Trump agenda
The Motley Fool notes bank shares outperformed due to rising rates and growing profits, aided by expectations of deregulation and faster growth under President Trump. Wells Fargo lagged after the fraud scandal, while New York Community Bancorp faced challenges but remains efficient with strong asset quality. Frankel owns NYCB shares.
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Walmart Tightens Leash on Suppliers Amid Price Cuts
Walmart launches On-Time In-Full to push suppliers for timely, proper packaging shipments, aiming for about $1 billion in extra revenue. The program fines late or improperly packaged deliveries as the retailer trims costs and presses rivals like Amazon.
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Walmart
Amazon
Market Metrics Spotlight VIX And S&P 500 P/E
The report outlines the CBOE Volatility Index measuring expected market volatility from S P 500 option pricing and the S P 500 price to earnings ratio based on trailing 12 month operating earnings.
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CBOE
S&p
Fed plans balance sheet unwind signals higher rates ahead
Federal Reserve Chair Janet Yellen told Congress the central bank will begin shrinking its 4.5 trillion dollar balance sheet relatively soon and keep raising the federal funds rate. She cited progress on unemployment, inflation myths, and signaled a December move may occur later.
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Janet Yellen
Congress
Central Bank
House Financial Services Committee
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Yellen
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