VFH News and Press, Vanguard Financials From 06/27/22

Inflation is running hot this year. A week ago, StatCan released the official inflation report for May, which showed a 7.7% increase in the price level. The CPI increase was well ahead of estimates, which called for a 7.3% rise in prices . In this environment, Canadians are feeling ...

Vanguard Financials ETF (VFH) - $0.4134. 30-Day SEC Yield of 2.01% as of June. 21. Payable Jun 28; for shareholders of record Jun 24; ex-div Jun 23. For further details see: Vanguard Financials ETF declares quarterly distribution of $0.4134

The S&P 500 is now officially in a bear market. 73% of all stocks are now down 20% or more, with the median stock down by -29.4%. The causes of today's rout were an inflation hangover and recession fears. The next shoe to drop could be a 75 bp hike in the Fed Funds rate. T...

As the Federal Reserve scales back quantitative easing, the commodity of money benefits. On the back of normalized interest rates, financials are set to be the best performing sector of the decade. We believe the Vanguard Financials ETF (VFH) will beat the S&P 500 and return 1...

Consumer goods industries remain hamstrung by supply chain bottlenecks, soaring costs, and the shift in spending toward services, reporting only modest growth in May to contribute to a broader manufacturing malaise. Global economic growth continued to be fueled first and foremost by r...

After the stock price dropped almost 40%, BlackRock is definitely worth a look again. And despite a mediocre performance of the stock market during the first quarter of fiscal 2022, BlackRock performed quite well. Despite the wide economic moat, the looming bear market (and recess...

Warren Buffett’s stamp of approval for Citigroup is good for more than just the recent “bump." Citi is still down a double-digit percentage, in line with the market, despite its already depressed valuation. A “valuation trap” is buying an asset solely b...

Boston Omaha has sold off to start 2022 along with the rest of the market and shares are down nearly 30% YTD. They completed another acquisition to create a larger footprint for the broadband operating segment. The company has plenty of cash on the balance sheet and revenue has be...

We first made JPMorgan Chase & Company (JPM) a Long Idea in May 2020 as part of our “See Through the Dip” thesis. Despite slightly underperforming the market, we think the stock is worth $164+/share today and has 33%+ upside. JPMorgan’s stock has strong up...

With more than 30% upside potential, WFC is a buy at prices around $45. The ongoing war in Ukraine, the pandemic, and most importantly, the uncertain monetary policies of the US Federal Reserve may keep WFC undervalued for now. Wells Fargo is likely to see an increase in credit lo...