Jim Pearce began his career as a stockbroker in 1983 and over the years has managed client investment portfolios for major banks, brokerage firms, and investment advisors. Jim has a BA in Business Management from The College of William & Mary and earned the CFP designation from the College for Financial Planning in 1999..
Higher interest rates leave less margin for error for markets. But once the Fed is done raising rates, I expect bond yields to come down gradually and the share price of companies like American Electric Power (AEP) to start rising, underscores Jim Pierce, editor of Investing Daily’s Personal Finance.
Gladstone Capital (GLAD) — a business development company, or BDC — has generated remarkably consistent results despite the Fed’s hawkishness, notes Jim Pearce, editor of Investing Daily's Personal Finance.
I must admit, I was a bit surprised when my Personal Finance Pro stock screener flagged General Motors (GM) as being undervalued, asserts Jim Pearce, editor of Investing Daily's Personal Finance.
The stock market has not been the only victim of the Fed’s aggressive interest rate hikes this year. Real estate has also taken a beating since most properties are acquired using borrowed money, observes Jim Pearce, editor of Investing Daily's Personal Finance.