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What Happened?

A number of stocks jumped in the morning session after the broad market rallied and bond yields fell as the Trump administration announced a new peace deal that would lead to the reopening of the Strait of Hormuz. 

Here is what it means for asset management companies. Advisory fee income is calculated as a percentage of assets under manage...


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What Happened?

A number of stocks jumped in the afternoon session after the Trump administration announced a new peace deal that would lead to the reopening of the Strait of Hormuz. 

Personal loan companies borrow at wholesale rates and lend at retail rates; the spread is where earnings are made. With the 10-year yield falling to its lowest level since m...


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What Happened?

A number of stocks jumped in the morning session after oil prices fell more than 5% on the Iran peace deal. 

After months of elevated energy costs, the decline in Brent crude toward $83 from a May peak above $126 represents a meaningful transfer back to consumers. Every dollar saved at the pump is available for retail spending elsewhere. T...


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What Happened?

Shares of boat and marine products retailer OneWater Marine (NASDAQ:ONEW) jumped 2.5% in the morning session after oil prices fell more than 5% on the Iran peace deal. 

After months of elevated energy costs, the decline in Brent crude toward $83 from a May peak above $126 represents a meaningful transfer back to consumers. Every dollar sav...


Read full story

What Happened?

A number of stocks jumped in the morning session after oil prices fell more than 5% on the Iran peace deal. 

After months of elevated energy costs, the decline in Brent crude toward $83 from a May peak above $126 represents a meaningful transfer back to consumers. Every dollar saved at the pump is available for retail spending elsewhere. T...


Read full story