Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Thank you for selecting your broker
We are redirecting you to the Broker Center now
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Thank you for your submission, we hope you enjoy your experience

Halloween Sale: Dividend.com Premium Price Slashed — Redeem Now

Dividend logo

This week, investors were hit with a dose of reality. And that reality is that things aren’t going as well as they seemed to be going. Stocks spent much of the week down in the dumps, as a combination of factors began to weigh on equity prices.

To start, the data released this week has been mixed. While some metrics, such as unemployment, managed to be positive, others were less than ideal. This created confusion among traders looking for direction. Also adding to the confusion was the release of the FOMC minutes from the Fed, as well as several speeches by Fed governors. Again, they painted a mixed picture of the economy and didn’t provide a concrete timeline for the next interest rate hike.

The earnings picture didn’t help either. The next wave of quarterly earnings is upon us and, so far, the picture has been murky at best. The continued trend of ok profits and lower revenues/guidance figures has been a factor in previous quarters. With earnings season ramping up, that trend appears to be continuing. And that doesn’t bode well for equity prices going forward.

All in all, the general state of confusion, here at home and abroad, made for a down week for stocks.

To read the Full Story, Go Premium or Log In

Popular Articles

Best Online Brokers

At Dividend.com a large portion of our readership is of a discerning, self-directed nature. As...

Premium Shutterstock 33016663

Converting Assets to Income: We Can Do It Better

When is $1 million worth about $22,000?

The answer is, in retirement. How the math works, why so...

Dividend Stocks and Options

How to Earn a Synthetic Dividend from Non-Dividend Paying Stocks

There are several reasons why specific companies will not distribute dividends to investors. In...