Wait times are exceeding four hours at some major airports, leading TSA officers to call out at rates of 40 to 50%, according to TSA Deputy Administrator Ha Nguyen McNeill. (Image credit: Ryan Murphy)
Wait times are exceeding four hours at some major airports, leading TSA officers to call out at rates of 40 to 50%, according to TSA Deputy Administrator Ha Nguyen McNeill. (Image credit: Ryan Murphy)
Torsten Asmus Sarat Sethi, managing partner and portfolio manager at DCLA, sees opportunity amid the market turmoil caused by the Iran conflict, pointing to “fallen angel” stocks that have been unfairly punished by broader macroeconomic fears. In an interview with CNBC, Sethi argued that investors willing to look through the current volatility can find quality companies trading at significant disc...
Torsten Asmus Sarat Sethi, managing partner and portfolio manager at DCLA, sees opportunity amid the market turmoil caused by the Iran conflict, pointing to “fallen angel” stocks that have been unfairly punished by broader macroeconomic fears. In an interview with CNBC, Sethi argued that investors willing to look through the current volatility can find quality companies trading at significant discounts despite having fundamentals that remain largely unaffected by rising oil prices or economic slowdowns. Sethi advocated for a rebalancing approach when markets offer steep discounts during geopolitical uncertainty. “If we look through this, and this could be a couple of quarters, there are some fallen angels out there that really are not affected as much as input prices or a slowing economy,” he said. The key, according to Sethi, is identifying companies whose business models remain resilient regardless of the conflict’s duration. Among his specific picks, Sethi highlighted Freeport-McMoRan ( FCX ), the copper producer that has fallen 15% from its peak despite continued strong demand for the metal. He also pointed to Waste Connections ( WCN ), a waste management company he described as a “slow, steady grower trading at 15 times cash flow” that is currently at its one-year low. Both companies, he noted, have been caught up in broader market selling despite limited direct exposure to the conflict’s economic effects. Sethi also identified TransDigm ( TDG ), which operates in the airplane aftermarket, as a compelling opportunity. His reasoning follows a counterintuitive logic: if economic conditions slow new airplane purchases, airlines will need to maintain and repair their existing fleets more frequently. The portfolio manager expressed concern that the conflict will exacerbate the existing “K-shaped economy,” with rising gas and input prices disproportionately affecting lower-income consumers. He noted that the upper tier of the economy will largely depend on the wealth...
Invesco NASDAQ 100 ETF (NYSEARCA:QQQM) has returned nearly 94% over the past five years, making it one of the most compelling passive growth vehicles for retail investors. Launched in 2020 as a lower-cost alternative to QQQ, it tracks the NASDAQ-100 Index at an expense ratio of just 0.15%. The fund holds 101 positions across the ... Why QQQM Is Riskier Than Its Low-Cost, Set-It-and-Forget-It Reput...
Invesco NASDAQ 100 ETF (NYSEARCA:QQQM) has returned nearly 94% over the past five years, making it one of the most compelling passive growth vehicles for retail investors. Launched in 2020 as a lower-cost alternative to QQQ, it tracks the NASDAQ-100 Index at an expense ratio of just 0.15%. The fund holds 101 positions across the ... Why QQQM Is Riskier Than Its Low-Cost, Set-It-and-Forget-It Reputation Suggests
Building retirement savings takes hard work and commitment. But it's also a matter of making smart financial decisions day in and out. Sometimes, even seemingly harmless habits can get in the way of building a retirement nest egg. Here are three habits that may be preventing you from contributing to your retirement account steadily -- and setting yourself up for a secure future. Image source: Gett...
Building retirement savings takes hard work and commitment. But it's also a matter of making smart financial decisions day in and out. Sometimes, even seemingly harmless habits can get in the way of building a retirement nest egg. Here are three habits that may be preventing you from contributing to your retirement account steadily -- and setting yourself up for a secure future. Image source: Getty Images. Continue reading
Members call for reparatory justice as landmark resolution aims for ‘political recognition at the highest level’ The United Nations has voted to describe the transatlantic chattel slave trade as the “gravest crime against humanity” and called for reparations as “a concrete step towards remedying historical wrongs”. The landmark resolution passed on Wednesday was backed by the African Union (AU) an...
Members call for reparatory justice as landmark resolution aims for ‘political recognition at the highest level’ The United Nations has voted to describe the transatlantic chattel slave trade as the “gravest crime against humanity” and called for reparations as “a concrete step towards remedying historical wrongs”. The landmark resolution passed on Wednesday was backed by the African Union (AU) and the Caribbean Community (Caricom). It had been proposed by Ghana’s president, John Dramani Mahama , who said: “Let it be recorded that when history beckoned, we did what was right for the memory of millions who suffered the indignity of slavery.” Continue reading...
Funtap/iStock via Getty Images U.S. large-cap real estate stocks are off to a subdued start in 2026, with the S&P 500 Real Estate sector down about 0.7% year to date through March, after low‑single‑digit gains in 2025. Below is a list of the top 10 large-cap real estate stocks ranked by their year-to-date performance. The list includes REITs across various sub-sectors, screened by market capitaliz...
Funtap/iStock via Getty Images U.S. large-cap real estate stocks are off to a subdued start in 2026, with the S&P 500 Real Estate sector down about 0.7% year to date through March, after low‑single‑digit gains in 2025. Below is a list of the top 10 large-cap real estate stocks ranked by their year-to-date performance. The list includes REITs across various sub-sectors, screened by market capitalization and arranged by YTD returns. The list is topped by Equinix ( EQIX ), with a YTD performance of 25.89%. Iron Mountain ( IRM ) and Digital Realty Trust ( DLR ) are next, with Kimco Realty ( KIM ) and Regency Centers ( REG ) rounding out the rest of the top five. Realty Income ( O ) and Host Hotels & Resorts ( HST ) also make strong showings with YTD gains of 7.26% and 6.99%, respectively, both carrying Strong Buy quant ratings. Ventas ( VTR ), Welltower ( WELL ), and W. P. Carey ( WPC ) complete the top 10, with W. P. Carey earning the highest quant rating on the list at 4.73. Here is the list: Equinix, Inc. ( EQIX ), YTD perf: 25.89%, Quant rating: Hold 3.46 Iron Mountain Incorporated ( IRM ), YTD perf: 21.41%, Quant rating: Sell 1.81 Digital Realty Trust, Inc. ( DLR ), YTD perf: 12.93%, Quant rating: Hold 3.28 Kimco Realty Corporation ( KIM ), YTD perf: 11.30%, Quant rating: Buy 4.33 Regency Centers Corporation ( REG ), YTD perf: 8.04%, Quant rating: Buy 4.38 Realty Income Corporation ( O ), YTD perf: 7.26%, Quant rating: Strong Buy 4.63 Host Hotels & Resorts, Inc. ( HST ), YTD perf: 6.99%, Quant rating: Strong Buy 4.55 Ventas, Inc. ( VTR ), YTD perf: 6.20%, Quant rating: Hold 3.27 Welltower Inc. ( WELL ), YTD perf: 5.93%, Quant rating: Hold 3.40 W. P. Carey Inc. ( WPC ), YTD perf: 4.72%, Quant rating: Strong Buy 4.73 Real Estate ETFs: ( VNQ ), ( XLRE ), ( IYR ), ( USRT ), and ( HOMZ ) More on real estate stocks Beware Targeted IRRs: Public REITs Consistently Beat Private VNQ: REIT ETFs Are Not Suitable For Income Zillow Home Value Index: 'Real' Home Values Continue T...
I warned investors that BigBear.ai (NYSE: BBAI) stock was too expensive. Now that the price has crashed by almost half, I will answer if I think it is a good time to buy.
I warned investors that BigBear.ai (NYSE: BBAI) stock was too expensive. Now that the price has crashed by almost half, I will answer if I think it is a good time to buy.
Meta Platforms chief Mark Zuckerberg is building an AI agent to help him do his job as CEO, I reported over the weekend. In our latest WSJ AI & Business newsletter, we look at other Meta projects as the company tries to keep its 78,000-person workforce competitive with AI-native startups.
Meta Platforms chief Mark Zuckerberg is building an AI agent to help him do his job as CEO, I reported over the weekend. In our latest WSJ AI & Business newsletter, we look at other Meta projects as the company tries to keep its 78,000-person workforce competitive with AI-native startups.
Mohamad Faizal Bin Ramli/iStock via Getty Images The VanEck High Yield Muni ETF ( HYD ) is a passively managed exchange-traded fund designed to provide investors with exposure to high-yielding, tax-exempt municipal bonds. In general, municipal bonds are typically used by high-net-worth individuals and income-oriented investors seeking tax advantages with respect to the distributions received from ...
Mohamad Faizal Bin Ramli/iStock via Getty Images The VanEck High Yield Muni ETF ( HYD ) is a passively managed exchange-traded fund designed to provide investors with exposure to high-yielding, tax-exempt municipal bonds. In general, municipal bonds are typically used by high-net-worth individuals and income-oriented investors seeking tax advantages with respect to the distributions received from owning these types of funds. About VanEck High Yield Muni ETF HYD was launched by VanEck on February 4, 2009, on the CBOE Exchange. The strategy has an expense ratio of 32 bps, aligned with peer high-yield muni strategies on the market. HYD has an asset base of $4.12b, with $42.43mm in share value changing hands on a daily basis, providing investors with exceptional liquidity for their investment strategy. Seeking Alpha HYD pays out a monthly distribution with an annualized rate of $1.18/share over the last twelve months, yielding 4.36% and a 30-day SEC yield of 4.37%. When evaluating the fund, investors may compare distributions on a tax-equivalent basis to normalize yield in accordance with the investor’s tax bracket. Investors should be aware that muni bond funds are tax-exempt at the federal level and may be subject to state taxes. State taxes vary from state to state; investors should speak with their financial advisor when evaluating whether this strategy is appropriate for their investment objectives. Corporate Filings Seeking Alpha HYD currently invests across 1,920 individual high-yield, tax-exempt bond holdings. The strategy invests in muni bonds that range from 1 to 30 years to maturity, with an average years to maturity of 17.84 years. The portfolio has an effective duration rate of 7.13 years, presenting modest sensitivity to changes in the reference interest rate. Effective duration measures the bond portfolio’s sensitivity to changes in the base rate set by the Federal Reserve. In short, a 1% change in the base rate will be reflected as a 7.13% increase (1% r...
The Vanguard Mega Cap Growth ETF (NYSEMKT:MGK) and the iShares Russell 2000 ETF (NYSEMKT:IWM) differ sharply in cost, yield, sector exposure, and long-term growth, with MGK tracking U.S. mega-cap growth stocks and IWM focusing on small-cap equities. While both MGK and IWM provide broad U.S. equity exposure, their approaches appeal to different investor goals. MGK targets the largest growth compani...
The Vanguard Mega Cap Growth ETF (NYSEMKT:MGK) and the iShares Russell 2000 ETF (NYSEMKT:IWM) differ sharply in cost, yield, sector exposure, and long-term growth, with MGK tracking U.S. mega-cap growth stocks and IWM focusing on small-cap equities. While both MGK and IWM provide broad U.S. equity exposure, their approaches appeal to different investor goals. MGK targets the largest growth companies, leaning heavily into technology, while IWM offers access to the small-cap segment, spreading assets across nearly 2,000 stocks with a more balanced sector mix. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Continue reading
Reform’s ability to fundraise is hobbled in a move that draws attention to donations from an overseas billionaire Reform UK are no doubt the biggest losers from the government’s emergency measures to overhaul political donations. Labour MPs are absolutely delighted that No 10 is at last bringing in changes that will hobble Reform’s ability to raise money from its Thailand-based mega-donor, Christo...
Reform’s ability to fundraise is hobbled in a move that draws attention to donations from an overseas billionaire Reform UK are no doubt the biggest losers from the government’s emergency measures to overhaul political donations. Labour MPs are absolutely delighted that No 10 is at last bringing in changes that will hobble Reform’s ability to raise money from its Thailand-based mega-donor, Christopher Harborne, at the same time as making the electoral system fairer in the eyes of the public. Continue reading...