Tom Petruno on Muck Rack

Tom Petruno Verified

Los Angeles
Freelance Journalist

I'm a former financial columnist for the Los Angeles Times (1990-2011), now an independent investor, writer and consultant. Love LA -- esp. when it rains.

With Fed poised to act, here's how investors can prepare for higher rates

latimes.com — It has been nearly a decade since investors have had to contend with the Federal Reserve raising interest rates. Or, from savers' viewpoint, it has been that long since the Fed did them a favor. But Wall Street's No.

Here's how Fed rate hike would pinch borrowers

latimes.com — The last six years of extraordinarily low interest rates have been all about rewarding borrowers at the expense of savers. But that is probably coming to an end. If the Federal Reserve begins raising short-term rates by year's end, as anticipated if the economic expansion continues, the costs of many forms of debt will rise from current super-cheap levels.

Despite head winds, U.S. stocks eke out small gains in first half

latimes.com — World financial markets ended the first six months this year amid the uncomfortably familiar sound of bubbles popping: debt bubbles in Greece and Puerto Rico and a potential stock bubble in China. Still, U.S. stocks overall managed to grind out small gains in the half, extending the six-year bull market, as many investors continued to bet on a stronger economy.

Soaring dollar puts the world on sale for Americans

chicagotribune.com — Americans have long complained that the dollar doesn't buy much anymore. Suddenly, the dollar's problem may be that it buys too much - a change that has huge implications across the global economy for consumers, businesses, investors and governments. The U.S.

Dollar's surge could delay Fed decision to raise rates

latimes.com — The interest rate on an American home mortgage later this year could depend a lot on how many euros, yen, pesos and rupees a dollar will fetch. The dollar's steep ascent against many of the world's currencies since last summer could help delay the first Federal Reserve rate hike since 2006.

Soaring dollar puts the world on sale for Americans

latimes.com — Americans have long complained that the dollar doesn't buy much anymore. Suddenly, the dollar's problem may be that it buys too much - a change that has huge implications across the global economy for consumers, businesses, investors and governments. The U.S.

Investing: Top stocks of the 21st century - Tulsa World: Business

tulsaworld.com — Physics tells us that bodies in motion tend to stay in motion. Likewise, some winning stocks just keep on going. And the ones that have excelled through the early years of the 21st century have withstood two of the worst bear markets in history. Tom Petruno is a freelance contributor to Kiplinger's Personal Finance magazine.

7 Cult Stocks Worth Your Devotion

kiplinger.com — Thinkstock A longstanding rule on Wall Street is that you should never fall in love with a stock. But with some companies, investors just can't help themselves: Strong belief in the product, the company's mission and the long-term success of the business can create a cult-like aura around a stock, driving the price to nosebleed levels.

Deflation fears rock markets again but consumers see windfall-for now

latimes.com — For the fourth time in 12 years, the world is facing a deflation scare. And as with any good horror movie, no one is sure what lurks in the shadows. Since summer, slowing growth in China and severe weakness in Europe and Japan have deepened fears that the global economy could tip into deflation - a sustained period of falling prices for goods and services.

How key investments could fare if deflation fears worsen

latimes.com — If deflation takes hold, with a sustained decline in prices for goods and services, the rules of the investing game change. A slow-paced deflation similar to Japan's since the late 1990s might not trigger sudden market crashes, but could change the relative appeal of investments.
More Articles →
Jul 04, 2015

Classic Greek inefficiency: It takes them two syllables to say "no." #oxi

Jul 04, 2015

Wonky but important RE U.S. economic prospects: prime working-age population growing again. calculatedriskblog.com/2015/07/update…

Jul 04, 2015

China watches Fed buy $3T of Treasury bonds, says "Hey, kewl idea." mobile.nytimes.com/2015/07/05/bus…

Jul 04, 2015

Scalia's idea of American Exceptionalism this 4th: "Equal rights for everyone except the ones I don't like." #californiadoesn'tcount

Jul 04, 2015

Fireworks are cool, but seeing Donald Trump's head explode would be cooler. Somebody pls ask him about Mexicans.

Email Tom by joining Muck Rack



Are You a Journalist?

Make a Portfolio

Create a free Muck Rack account to customize your profile and upload a portfolio of your best work.


Share This Profile