The Fed Just Lowered Interest Rates. This High-Yield Stock Is a Buy Now.
As noted above, the REIT has a record amount of liquidity (a cool $3.2 billion) including a zero balance on its revolving credit facility. With lower interest rates, that facility is now going to be a cheaper source of instant capital. And when W.P. Carey permanently pays for the deals it makes by selling bonds, those will be cheaper, too.
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Dow futures are little changed after clinching record high following Fed rate cut: Live updates
The moves come after a winning week on Wall Street that centered around the Federal Reserve's decision to lower interest rates by 50 basis points, its first cut in four years. Despite some choppiness following the initial announcement, stocks rallied in the days following.
The chip maker's shares have tended to pop after the Federal Reserve cuts interest rates, judging by data stretching back to ...
A 30% decline in the stock market would "almost guarantee" a recession, which is one reason why Fed put is back on, Fundstrat ...
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Kumar, Sri-Kumar Global Strategies president, and Darrell Cronk, CIO of Wells Fargo’s wealth and investment management, join ...
The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged ...
Tom Lee has called for a stock rally after rate cuts, but even after the Fed cut 50 basis points, he's wary on stocks ahead ...
The week in markets started with the Federal Reserve cutting interest rates by more than most economists expected.
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