BSTZ BlackRock Science and Technology Trust II

My definition of a high yield is any yield at least twice the level of the S&P 500's yield. The threshold is currently around 2.56%. An ultra-high yield, in my view, is one that's four times higher than the S&P 500's yield. To reach that lofty level, a yield would need to be at least 5.12%.

Hedge funds have a big problem: They can't beat the market anymore. If you read the press, you'll see a lot of concern over this. If hedge funds aren't cutting staff, they're struggling to find talent to try to boost their returns.

A couple weeks ago, on May 3, BlackRock , the world's largest investment firm, did something that will send a shockwave through our favorite high-yield investments: closed-end funds ( CEFs ) . The result is likely to be higher prices for CEF investors in the future-and even steadier dividends, ...

Stock market rallies climb walls of worry. Well, we have no shortage of such worries today! A few days ago, Bloomberg lamented there was "no relief in sight for bonds". This was ironic because relief-the catalyst for the next big bond rally-is hidden in plain sight.

The first week of 2024 was a rough one for stocks-and that, oddly enough, suggests we might see a good year for stocks in 2024. But as we'll discuss below, recent market moves also suggest some parts of the technology sector are starting to look just a little overbought now-especially one ...

Today I want to go over what the economic data is telling us about the future of the financial markets in 2024. Truth is, we are likely inching toward a recession, which means it's time to be a bit more cautious. But at this point I only see us "backing into" a recession-and likely not till 2025, ...