BTO News and Press, John Hancock Financial Opportunities Fund From 06/28/19

Greg Powell, deputy chief investment officer of Miller/Howard breaks down the dividend and buyback plans that 12 large U.S. banks announced yesterday after the Federal Reserve cleared their plans. More news on: The Goldman Sachs Group, Inc., Bank of America Corporation, Financial Select Se...

Attached is a weekly chart of Schwab (SCHW), clients' 2nd largest holding behind Microsoft (MSFT), and a mutual fund firm with $3.5-$4 trillion in assets under management, assets greater than Goldman Sachs, Morgan Stanley and a host of others. I was out to dinner a few weeks ago, with friend...

Volumes in the futures markets have moved significantly higher since the turn of the century, and the number of products offered by exchanges around the globe has increased. Futures offer hedgers, arbitrageurs, investors, and speculators the ability to add or remove risk from their portfolios....

The net profit margin outlook for mortgage lenders turns positive for the first time in almost three years due to strong demand expectations for both purchase and refinance mortgages, according to the Fannie Mae Q2 Mortgage Lender Sentiment Survey. More news on: Financial Select Sector S...

As the market prices in a higher probability of the Fed cutting rates come July and September, bank stocks slip. More news on: Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., Financial stocks news, News on the U.S. economy, Stocks on the move, News on ETFs, Rea...

For income investors, closed-end funds, or CEFs, are an attractive investment class that offers high income generally in the range of 6-10%, broad diversification in terms of a variety of asset classes, and market matching total returns in the long term if selected carefully. However, CEFs c...

While declining interest rates are likely to dent banks' net interest margins, other factors are likely hurting their stocks, analysts say. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial st...

Total household debt increased 0.9% to $13.67T in Q1 2019, and is now $993B higher than the previous peak of $12.68T in Q3 2008, according to the Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit. More news on: Financial Select Sector SPDR ETF, Direxion Dai...

The Federal Reserve observes risky debt issuance has picked up recently, though refinancing activity has decreased because of "somewhat elevated spreads," according to the central bank's semi-annual Financial Stability Report. More news on: Financial Select Sector SPDR ETF, Direxion Dail...

Photo Source: REUTERS/Staff. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 24, 2019. For the month, 89% of all CEFs posted NAV-based returns in the black, with 79% of equity CEFs and 95% of fixed income CEFs chalking up returns in the...