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17 September 2021
21:30 hour

Market Extra: Why a key federal fund to expand fast internet in America is in jeopardy

Market Watch

15/09/2021 - 03:02

The decline of telephone landlines in America over the past 20 years isn't the main reason reason why the U.S. government's Universal Services Fund to expand fast internet to everyone is dwindling, according to a new report.


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Related headlines:

  1. Market Extra: Stocks tied to fast-internet expansion climb as Washington agrees to infrastructure deal (25/06/2021 - Market Watch)
    Shares of Charter Communications, Frontier Communications advance Thursday, as the White House and a group of senators agree to a near $1 trillion infrastructure package, including $65 billion to expand broadband.
    [visit article]
  2. Market Extra: Rural America now has a mutual fund dedicated to its long-awaited revival (03/05/2021 - Market Watch)
    Rural America Growth & Income Fund is a new mutual fund launched by electric co-op asset manager Homestead Funds, which will invest in equity and fixed-income securities that support rural economies.
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  3. Market Extra: Opportunity in America starts with fixing the internet, says social investing pioneer (10/02/2021 - Market Watch)
    Investors are looking to root out inequity in America, not just combat climate change, says John Streur, CEO of Calvert Research and Management, an early investor in sustainable and social finance.
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  4. Market Extra: Which tech stocks can build on pandemic gains? Fund manager Ryan Jacob offers these two names. (23/04/2021 - Market Watch)
    Fund manager Ryan Jacob has survived plenty of market crises. The Jacob internet Fund got its start in 1999 and is still going strong. He lays out two tech stocks for right now.
    [visit article]
  5. : FTC votes to expand its enforcement powers (01/07/2021 - Market Watch)
    The Federal Trade Commission voted Thursday to expand its enforcement powers by repealing a bipartisan rule approved in 2015 that limited its ability to bring antitrust cases that violate a federal court's interpretations of federal antitrust statutes.
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  6. Market Extra: Why remote work, schooling in rural America need Biden’s infrastructure plan (10/02/2021 - Market Watch)
    President Biden wants to expand broadband to every American under his infrastructure plan. Here's how much it could cost to hook up far-flung communities, schools, hospitals and businesses with adequate, high-speed access.
    [visit article]
  7. Market Extra: Taper tantrum after the Federal Reserve update? Chairman Jerome Powell’s stock-market record is poor (16/06/2021 - Market Watch)
    Another big update from interest rate-setters at the Federal Open Market Committee is due Wednesday afternoon and investors shouldn't be faulted for bracing for a bearish reaction to the June Fed policy statement which has market participants on edge watching for a word on tapering asset purchases and inflation.
    [visit article]
  8. Market Extra: Powell’s dovish pose is leaving the bond market vulnerable to an inflation surge (29/04/2021 - Market Watch)
    The bearish backlash in the bond market to Wednesday's Federal Reserve policy meeting is raising eyebrows among traders who saw Federal Reserve Chairman Jerome Powell doubling down on the central bank's easy money policies in his press post-meeting press conference.
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  9. Market Extra: Investors see risk of ‘significant overshoot’ of Fed’s inflation target for first time in years, says BofA (05/05/2021 - Market Watch)
    Investors are pricing in risks of a “significant overshoot” of the Federal Reserve’s 2% inflation target for the first time in several years, according to economists at Bank of America Corp.
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  10. Market Extra: Bank of America tops charts with $15 billion bond deal, the biggest ever from a bank (16/04/2021 - Market Watch)
    Major U.S. financial powerhouses Bank of America and JP Morgan are going on a borrowing spree, after reporting blockbuster first-quarter financial results this week, smashing record after record along the way.
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  11. NewsWatch: Ryan Jacob, the internet fund manager who navigated the dot-com bust, shares two stock tips in the crypto space (20/04/2021 - Market Watch)
    Ryan Jacob of the Jacob Internet Fund that got its start in 1999 has been dipping a toe in the hot cryptocurrency space. Here are a pair of stocks he likes.
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  12. : Fund managers position for ‘boom expectations’ with tech demand at three-year lows, Bank of America survey finds (18/05/2021 - Market Watch)
    The Bank of America global fund manager survey for May found that investors were increasingly positioned to what it called "boom expectations" — with exposure to commodities, banks, materials, industrials, and U.K. and emerging market assets at highs relative to the last decade.
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  13. Market Extra: Powell says Fed will ‘gradually’ cut its bond-market footprint — some think this year (26/03/2021 - Market Watch)
    Strategists see a tapering of the Federal Reserve's $120 billion a month bond-buying program as likely by the end of 2021.
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  14. NewsWatch: Fund managers position for ‘boom expectations’ with tech demand at three-year lows, Bank of America survey finds (18/05/2021 - Market Watch)
    The Bank of America global fund manager survey for May found that investors were increasingly positioned to what it called "boom expectations" — with exposure to commodities, banks, materials, industrials, and U.K. and emerging market assets at highs relative to the last decade.
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  15. Need to Know: This China skeptic concedes tech stocks are cheap as chips but warns against holding for the long term (25/08/2021 - Market Watch)
    George Magnus, the former chief economist at UBS and the author of Red Flags: Why Xi Jinping’s China is in Jeopardy, says traders may have a point in bidding up internet stocks, despite the longer-term risks
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  16. NewsWatch: This China skeptic concedes tech stocks are cheap as chips but warns against holding for the long term (25/08/2021 - Market Watch)
    George Magnus, the former chief economist at UBS and the author of Red Flags: Why Xi Jinping’s China is in Jeopardy, says traders may have a point in bidding up internet stocks, despite the longer-term risks
    [visit article]
  17. NewsWatch: This China skeptic concedes tech stocks are cheap as chips but warns against holding for the long term (25/08/2021 - Market Watch)
    George Magnus, the former chief economist at UBS and the author of Red Flags: Why Xi Jinping’s China is in Jeopardy, says traders may have a point in bidding up internet stocks, despite the longer-term risks
    [visit article]
  18. Market Extra: Is inflation eating up all the interest you’re earning on 10-year Treasury notes? (11/06/2021 - Market Watch)
    Short positioning may be masking some concerns by investors in the bond market about inflation, as yields dip even as cost of living in America keeps rising.
    [visit article]
  19. Market Extra: Is inflation eating up all the interest you’re earning on 10-year Treasury notes? (11/06/2021 - Market Watch)
    Short positioning may be masking some concerns by investors in the bond market about inflation, as yields dip even as cost of living in America keeps rising.
    [visit article]
  20. Market Extra: Get ready for stock buybacks to roar back (16/04/2021 - Market Watch)
    Bank of America this week announced a new $25 billion share buyback program, but it is probably only the start.
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  21. Market Extra: 3 reasons the rise in bond yields is gaining steam and rattling the stock market (25/02/2021 - Market Watch)
    Inflation fears, an inactive Federal Reserve and forced selling are cited as some of the forces accelerating the bond yield surge this week.
    [visit article]
  22. Apple's goal behind its Privacy Drive (13/06/2021 - Reddit Stock Market)
    Interesting articles from WSJ about Apple's recent push for privacy (https://www.wsj.com/articles/facebook-and-its-advertisers-feel-pinch-of-apples-privacy-drive-11623502980?mod=markets_major_pos1). For me I think it is all about money. Apple earns almost nothing from advertising, most of which goes to Google and Facebook and therefore does not care about ads at all. I think Apple's vision of the internet is that people will pay to use the internet. That fee is pretty used to fund the internet, much like ads fee is doing right now (we pay Google to organize the Internet for us and help us search for information).   submitted by   /u/alphab5429 [link]   [comments]
    [visit article]
  23. Market Extra: Capital-gains tax hike? Why the U.S. stock market bounced back so fast (23/04/2021 - Market Watch)
    So much for a lasting tax-inspired selloff. Here's why stock-market investors were quick to put worries about a proposed jump in the capital-gains tax rate for wealthy investors behind them after Thursday's market dip.
    [visit article]
  24. Market Extra: Here’s why bond investors are calling for the Fed to give banks relief on capital rules (15/03/2021 - Market Watch)
    Calls are heating up for the Federal Reserve to extend relief on bank capital requirements to help prevent the near $20 trillion government bond market from coming under siege.
    [visit article]
  25. : 12 states still refuse to expand Medicaid. Why that’s a problem for all of us (10/09/2021 - Market Watch)
    Expanded Medicaid, a key healthcare program for the poor, still isn't available in a dozen states more than a decade after the federal government started kicking in more generous funding to states to expand access.
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  26. Market Extra: Friday marks quadruple witching and the U.S. stock market is already looking ugly (18/06/2021 - Market Watch)
    What's the best way to cap an important week featuring a closely watched update from the Federal Reserve? Quadruple witching, a spooky-sounding occurrence in markets that could add some degree of volatility to end a up-and-down stretch for markets
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  27. Market Extra: Friday marks quadruple witching and the U.S. stock market is already looking ugly (18/06/2021 - Market Watch)
    What's the best way to cap an important week featuring a closely watched update from the Federal Reserve? Quadruple witching, a spooky-sounding occurrence in markets that could add some degree of volatility to end a up-and-down stretch for markets
    [visit article]
  28. International value fund or etf (20/05/2021 - Reddit Stock Market)
    Hi guys, I think (in the long term) the international market may outperform the US stock market but thats only my point of view. So I'm looking to get some exposure to that part of the global market and because I have nothing except North America stock. Do you guys have any good Funds or ETF that I could look into that have a value approach and could expose me to that kind of market. I've recently found the Brandes International Equity Fund and the BMO international Dividend ETF (ZDH). Where Brandes has a great value approach that I like they kind of lag vs the benchmark for that type of ETF. So I'm looking for a third option to compare and chose from one of the three. ​ Sorry for the sentencing and the bad spelling mistake, english is not my primary language. Thanks in advance TL;DR Looking for a value oriented international ETF/Fund because I think it has some nice potential gain and dont have any other international exposure for my long term portfolio   submitted by   /u/brunet23 [link]   [comments]
    [visit article]
  29. Market Extra: Washington lawmakers want to bring back Build America Bonds. The muni market isn’t buying it (20/05/2021 - Market Watch)
    Washington lawmakers considering President Joe Biden’s $2.3 trillion infrastructure package are interested in reviving a program born out of the response to the last recession, even as the state and local governments it's meant to help are much more cool on the idea.
    [visit article]
  30. Market Extra: Washington lawmakers want to bring back Build America Bonds. The muni market isn’t buying it (20/05/2021 - Market Watch)
    Washington lawmakers considering President Joe Biden’s $2.3 trillion infrastructure package are interested in reviving a program born out of the response to the last recession, even as the state and local governments it's meant to help are much more cool on the idea.
    [visit article]
  31. Market Extra: Soaring U.S. dollar sparks forex market rethink after Fed shifts tone (17/06/2021 - Market Watch)
    The U.S. dollar is on fire, surging higher after the Federal Reserve signaled a more hawkish tone at its June policy meeting and appeared to spur a rethink of the currency's path in 2021.
    [visit article]
  32. Market Extra: Soaring U.S. dollar sparks forex market rethink after Fed shifts tone (17/06/2021 - Market Watch)
    The U.S. dollar is on fire, surging higher after the Federal Reserve signaled a more hawkish tone at its June policy meeting and appeared to spur a rethink of the currency's path in 2021.
    [visit article]
  33. Market Extra: Safe haven plays still popular amid rotation into cyclical stocks, March fund flows show (06/04/2021 - Market Watch)
    Investors are not abandoning safe haven plays that have worked in the stock market during the coronavirus pandemic, even as they make a long-awaited rotation into assets most likely to benefit from the economic recovery, according to a report on March fund flows.
    [visit article]
  34. Market Extra: Should there be a ‘Netflix tax’ to pay back cities for cable infrastructure? (03/09/2021 - Market Watch)
    The premise behind a new lawsuit is that streaming entertainment companies are freeloading on internet infrastructure built and maintained by cable companies and municipalities, and should pay for that use.
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  35. Market Extra: Traders are expecting interest rates to rise over 1% by the end of 2024 (17/02/2021 - Market Watch)
    Traders of short-term cash markets are betting that the Federal Reserve will embark on a hiking cycle sooner than it is telegraphing.
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  36. Market Extra: Cities and towns are about to get a $65 billion windfall from Washington. Here’s what to know about the American Rescue Plan (12/05/2021 - Market Watch)
    Massive amounts of often unexpected federal stimulus are about to hit local jurisdictions. Here are four things city officials and public-finance observers will be watching for.
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  37. Market Extra: Cathie Wood’s highflying ARK ETF just entered a bear market–a sign of the times? (03/03/2021 - Market Watch)
    ARK Investment, one of the fastest-growing fund managers in 2020, just saw its flagship company enter a bear market, highlighting a brisk selloff in growthy, technology-related stocks amid a persistent rise in interest rates.
    [visit article]
  38. Market Extra: Where ESG investing is most crowded — and one area that looks ‘frothy,’ says BofA (02/06/2021 - Market Watch)
    Investors are pouring money into assets that satisfy their environmental, social and governance demands, “extreme” inflows that have led to some froth without constituting an ESG bubble, according to Bank of America research.
    [visit article]
  39. : Fund managers keep cyclical bets while souring on the economy, Bank of America survey finds (14/09/2021 - Market Watch)
    Fund managers are saying one thing and doing another, the latest survey from Bank of America finds.
    [visit article]
  40. Market Extra: How is the Fed’s tapering of its corporate debt purchases going? (25/06/2021 - Market Watch)
    As promised, the Federal Reserve is actively reducing its pandemic-era exposure to the U.S. corporate debt markets, so far without a hitch.
    [visit article]
  41. Dot-com bubble déjà vu? (MSTR) (09/02/2021 - Reddit Stock Market)
    After seeing the news about MicroStrategy (MSTR) holding ~$3 billion of Bitcoin, I had to read up on it. Apparently MicroStrategy was one of THE companies involved in the dot-com burst, and it's even mentioned by name in the Wikipedia article for the dot-com burst. From Wikipedia (https://en.wikipedia.org/wiki/Dot-com_bubble): On March 20, 2000, Barron's featured a cover article titled "Burning Up; Warning: Internet companies are running out of cash—fast", which predicted the imminent bankruptcy of many Internet companies. This led many people to rethink their investments. That same day, MicroStrategy announced a revenue restatement due to aggressive accounting practices. Its stock price, which had risen from $7 per share to as high as $333 per share in a year, fell $140 per share, or 62%, in a day. The next day, the Federal Reserve raised interest rates, leading to an inverted yield curve, although stocks rallied temporarily. With MicroStrategy up 650% this year probably due only to the fact that it is buying bitcoin, I feel like the market mania has come to a head. Tesla worth $800B on only $20B of predominantly manufacturing revenue? And now it's announcing that it's buying bitcoin? I have to pinch myself because I can't believe what I'm seeing. Investors who were active during the Dot-com burst... what are your thoughts?   submitted by   /u/admiral_corgi [link]   [comments]
    [visit article]
  42. Market Extra: Still-high U.S. inflation leaves Federal Reserve with little room for error (11/08/2021 - Market Watch)
    Fed isn't in any position to combat inflation with an interest rate hike for possibly a year, given the need to taper $120 billion in monthly bond purchases first, analysts say.
    [visit article]
  43. Market Extra: Federal stimulus is a ‘lifeline’ for communities whacked by the corona-crisis, as scars of 2008 linger (07/05/2021 - Market Watch)
    Communities across the country are taking the lessons from the Great Recession to heart as they dig out from the financial mess left by the coronavirus pandemic.
    [visit article]
  44. Market Extra: Online bettors see little chance of a Fed tapering announcement at next week’s meeting (13/09/2021 - Market Watch)
    Odds of no announcement by Federal Reserve this month soar to 93% in the past two weeks, according to Kalshi, a new online trading platform.
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  45. Market Extra: Verizon sees some $100 billion worth of orders pile into massive debt deal (11/03/2021 - Market Watch)
    Communication's giant Verizon is seeing huge demand from debt investors on Thursday for a new jumbo financing to help expand its 5G spectrum position.
    [visit article]
  46. Market Extra: Overnight demand for Fed facility hits record $1.12 trillion Wednesday (19/08/2021 - Market Watch)
    Demand for the Federal Reserve's reverse repurchase program hit a new high on Wednesday as banks, money-market funds and others park some $1.12 trillion dollars in the facility overnight.
    [visit article]
  47. : The wrath of Khan? New FTC chair is Big Tech’s biggest nightmare (22/06/2021 - Market Watch)
    The newly appointed chair of the powerful Federal Trade Commission, an agency with broad authority to police America’s biggest corporations including its tech giants, has been one of Silicon Valley’s chief critics, earning her the bromide of being leader of the "hipster antitrust" movement among young scholars. They want to expand existing antitrust law to better target issues like corporate concentration and income inequality.
    [visit article]
  48. Market Extra: JPMorgan to offer wealthy clients access to bitcoin fund: report (26/04/2021 - Market Watch)
    JPMorgan Chase & Co. is set to join the parade of big banks offering clients access to a bitcoin fund, according to a Monday news report.
    [visit article]
  49. Market Extra: JPMorgan to offer wealthy clients access to bitcoin fund: report (26/04/2021 - Market Watch)
    JPMorgan Chase & Co. is set to join the parade of big banks offering clients access to a bitcoin fund, according to a Monday news report.
    [visit article]

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