The allure of the largest U.S. technology companies is understandable given significant returns last year, but their sheer size is the reason for their eventual downfall and long-term stock underperformance, according to Rob Arnott, founder of Research Affiliates.
Source: ThinkstockFebruary 15, 2018: The S&P 500 closed up 1.2% at 2,731.22. The DJIA closed up 1.2% at 25,200.65. Separately, the Nasdaq was up 1.6% at 7,256.43.
Thursday was yet again another positive day for the U.S. markets. All three major indexes reached over 1% on the day, after briefly dipping into the red this morning. Crude oil continued its comeback adding another 1%. The S&P....More>>>
The stock market lost ground on Thursday, but declines in the major benchmarks were relatively modest as low levels of volatility continued to prevail. The Dow had been down as much as 145 points earlier in the day as investors weighed the possibility that the controversial firing of FBI Director James Comey could set back the Trump administration’s domestic agenda for tax cuts, health reform,....More>>>
Westlake Village, CA, based Investment company West Oak Capital, LLC buys Amazon.com Inc, Cisco Systems Inc, iRobot Corp, Equity Residential, Comerica Inc, Cannae Holdings Inc, Vornado Realty Trust, Avery Dennison Corp, Owens-Corning Inc, Dollar Tree Inc, sells Vanguard Short-Term Corporate Bond ETF, General Electric Co, AbbVie Inc, Schwab U.S. Large-Cap, Guggenheim S&P 500 Equal Weight during....More>>>
If Trump Wants to Kill DOL Rule, Hed Better Act Soon
The Roth Annuity: A Bright Star in Annuity Investing
A little over a year ago, the Federal Reserve raised short-term interest rates for the first time in almost a decade, indicating it would raise them four more times in 2016. But it didn’t raise rates again until last week, up 0.25%.....More>>>
Back in 2014, I wrote this article arguing that the House of Saud’s main motivation for allowing oil prices to fall was not economic but power based, concluding:
“So, when we investors consider how long oil prices are likely to stay at current levels, we should not just think about monetary influences. In this case, the maintenance of political power by the House....More>>>
A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
February17, 2017: Markets opened lower Friday following a mixed Thursday close. There was little noteworthy economic news and the Monday President’s Day holiday may have encouraged some traders to get a head start on the weekend. The energy and materials sectors were the biggest losers offset by gains in counter-cyclicals. WTI crude oil for March delivery settled at $53.40a barrel, up less....More>>>
When buying a home, the most important numbers for mortgage lenders are the buyer’s credit score and the buyer’s debt-to-income ratio. The first is a summary of how the buyer has been managing debt and the second indicates whether the lender can reasonably expect the borrower to be