Archives for July 2016

July 2016 - Page 24 of 26 - Money Morning - Only the News You Can Profit From

FOMC Meeting Minutes Released Today - What Investors Must Know

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The FOMC meeting minutes released on July 6 will provide more insight into why the Fed decided to leave interest rates unchanged.

The meeting minutes will also reveal where the Fed thinks the U.S. economy is headed and what the likelihood of rate hikes may be for the rest of 2016.

But when the minutes are released, this is the most important topic within the FOMC meeting minutes for investors to focus on...

Forget Allergan - Here's Pfizer's Real High-Profit Ace

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Big-cap investors were profoundly underwhelmed when the Obama administration caused Pfizer Inc. to cancel a $150 billion buyout of another massive pharma, Allergan Plc.

Like most deal-making at this level, there was a lot at stake. Allergan has a portfolio packed with name-brand drugs with long patent lives and a robust generics business. What's more, the deal would have allowed Pfizer to relocate its headquarters to the (extremely) tax-friendly Republic of Ireland and save a ton on payments to Uncle Sam.

Now, normally when a deal like this falls through, the shares take a serious pounding, but the smart money is holding its nerve. In fact, the stock is up just over 10% year to date. That says a lot.

Those investors, along with folks who buy in right now, stand to be richly rewarded in the future.

That's because there's something bigger - much bigger - than the $150 billion Allergan deal coming down the road...