Last week was quite a ride for investors. The week stated out with the flash crash for ETFs and stocks on Monday, began rebounding on Tuesday and ended up slightly positive.for the week on Friday. Investors that did not follow …
Markets have been falling this week and falling pretty hard. As you can see in the market returns summary below, the S&P 500 is down by 4.5% this week, which brings its 3 month return to -6% and the year …
Switzerland bank & currency (Forbes, Chart Via FT)
Until this week, the Swiss central bank has capped its currency against the devalued Euro in order to keep the Swiss Franc competitive. This week, the SNB removed that …
The Wall of Worry, Illustrated (Bason Asset Management)
Here’s a great recounting of the various worrisome happenings over the past five years that cause investors to panic. It’s important to remember how events that seem so important in …
Why Rising Rents Haven’t Pumped Up Inflation (WSJ)
The Wall Street Journal reports that despite the dramatic expansion of the money supply through recent stimulus policies, at the moment, economists may be most concerned with disinflation. Despite increases …
The recent volatility that has been characteristic of financial markets has continued this week. With that in mind, utilize this market volatility as a reminder to focus on the long term and to manage your risk. Many investors have increased …
Over the past few weeks we’ve seen the S&P 500 lose much of the ground it has gained this year. As of today it’s dipped below the previous low in August, but it’s still up by around 15% from a …
‘Bond King’ Bill Gross Quits PIMCO For Janus (Reuters)
Legendary bond fund manager Bill Gross left PIMCO, the investment firm he helped found over 40 years ago, for competitor Janus. Gross’s departure comes after have threatened to resign …
Holders Departs As A Pretty Unpopular Attorney General (Washington Post)
Eric Holder resigned from his position as Attorney General this week. He leaves office with only a 23% approval rating. (See chart above.)
IRS Shifts Course With New …
The biggest news this week has been the vote for Scotland’s independence, the Alibaba IPO, and the Federal Reserve’s remarks on managing interest rates over the next year. After Scotland voted “No” to independence and the Federal Reserve kept the …