Banking

Wells Fargo Flunks Stress Test, Abandons Dividend

Wells Fargo

Almost all of the banks that just took the Federal Reserve’s stress test are allowed to continue dividend payouts. Wells Fargo didn’t fare so well, and their dividend is in detention. Many companies live in fear of investors giving their stocks the big thumbs down if they even trim dividends, let alone cut them off. […]

Bank Investors Worry about Dividend Payments

Bank investors

A certain sector of bank stock investors, those who invest to collect dividends, don’t seem bothered no matter how much money they lose on stocks, but hands-off dividends. There seems to be no limit to how far many investors are willing to go in order to keep collecting their quarterly dividend payments. They will hold […]

Analyst Sees Bank Stocks Good Picks in Slowdown

Bank stocks

Bank stocks took a pretty big hit in 2018 in spite of the banks themselves performing very well. If things end up slowing during 2019, bank stocks may outperform this time. To look at the business performance of banks, we would have thought that 2018 would have been a very good year for them. Banks […]

Fed More Divided on Interest Rate Hikes Than We Thought

Federal Open Market Committee

It turns out that the Fed being patient with interest rates at this point in time doesn’t mean that all members feel this way. This really shouldn’t matter to us much though. The minutes of the January meeting of the Federal Open Market Committee was released on Wednesday, and it has provided us with a […]