Don't Miss the Week's Biggest Financial Stories

Keeping up with the latest news on your investments can be overwhelming. To make it easier for you, I've dug through the Fool's financial sector coverage over the past week to highlight a few stories that you don't want to overlook.

Read on for this week's highlights.

What Should You Do With Your Investments After the Election?
With many investors wondering what President Obama's reelection -- and the following few days of Dow slippage -- portend about the market going forward, Morgan Housel steps in with some reminders about post-election predictions from 2008. Hint: Many of them were just plain wrong. Before you think about fiddling with your portfolio in anticipation of the market's reaction to this singular event, give Morgan's two-and-a-half-minute video a listen. 

Is Annaly's Acquisition of Crexus a Trojan Horse?
If you follow mortgage REITs, you've no doubt read about Annaly Capital Management's (NYSE: NLY  ) purchase of Crexus Investment (NYSE: CXS  ) , announced on Monday. John Maxfield puts the deal into perspective, noting that though Crexus' lack of debt and high yield may look good on the surface, folding the entirety of the smaller REIT into the larger "could very well change the entire risk profile of Annaly." Amanda Alix also wonders if the late Michael Farrell's successor, Wellington Denahan-Norris, is "pushing the mREIT in an entirely new direction."

Matt Koppenheffer looks at the acquisition from a shareholder's perspective, exploring a few pros and cons for investors thinking about moving from CreXus to Annaly

This Mini-Berkshire Made a Brilliant Move
Annaly's wasn't the only acquisition getting a lot of attention this week. Leucadia National's (NYSE: LUK  ) purchase of the rest of Jefferies Group (NYSE: JEF  ) also grabbed headlines. Michael Lewis thinks the deal shouldn't be too much of a surprise, and he notes that Jefferies' improving balance sheet and the graceful merging of management -- thanks in part to a historically good relationship between the two companies -- should make the deal a sweet and smooth one.

Lewis praises Leucadia's long-term focus and solid financial position, suggesting the company's Berkshire-esque qualities make it an attractive purchase right now.

2 Main Reasons Bank of America's Capital Cushion Exploded
Whether you love it or hate it, there's evidence Bank of America (NYSE: BAC  ) is trying to turn itself around; it's paying off debts early and widening its mobile banking strategy by offering merchants a mobile payment system. Amanda Alix takes a closer look at Project New BAC, pointing out that the trimming Bank of America (NYSE: BAC  ) is doing to bring in new cash now won't hold for the future. Once the bank is done with its yard sale, how will it continue to improve its earnings in more sustainable ways?

Always do your homework
Above the din of daily and weekly news is (hopefully) your overarching long-term investment thesis for each of your portfolio holdings. Have you studied up on Annaly? Annaly Capital Management has a history of paying huge dividends to shareholders. But there are some crucial issues investors have to understand about Annaly's business model before buying the stock. In this brand-new premium research report on the company, our analyst runs through these absolute must-know topics, as well as the future opportunities and pitfalls of the company's strategy. Click here now to claim your copy.

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2117269, ~/Articles/ArticleHandler.aspx, 10/21/2016 9:11:38 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 11 hours ago Sponsored by:
DOW 18,162.35 -40.27 0.00%
S&P 500 2,141.34 -2.95 0.00%
NASD 5,241.83 0.00 0.00%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/20/2016 4:00 PM
BAC $16.56 Down +0.00 +0.00%
Bank of America CAPS Rating: ****
CXS.DL.DL $0.00 Down +0.00 +0.00%
CreXus Investment CAPS Rating: ***
JEF.DL $0.00 Down +0.00 +0.00%
Jefferies Group CAPS Rating: **
LUK $18.80 Down +0.00 +0.00%
Leucadia National CAPS Rating: *****
NLY $10.13 Down +0.00 +0.00%
Annaly Capital Man… CAPS Rating: ****