Financial Services

admin November 7, 2018

Getty Images The U.S. Capitol building is pictured on November 7, 2018 in Washington, DC. Investors appear to be cheering the results of Tuesday’s midterm elections, but some sectors love the prospect of a divided Washington more than others. Here are some of key assets and investments that were in focus on Wednesday […]

admin November 7, 2018

Getty Images President Donald Trump talks about immigration in the Roosevelt Room at the White House earlier this month. Democrats in the House will obtain a copy of President Trump’s tax returns now that they control the chamber, a member of the party’s leadership in the chamber predicted Wednesday. “The American people will see […]

admin November 7, 2018

Luck plays a far greater role than ability in whether an adviser beats the market. Retirees are uniquely positioned to appreciate this, and to understand its investment implications. One of the wisdoms afforded by age is the recognition that the control our younger selves thought we had over life’s direction was largely an illusion. This […]

admin November 7, 2018

Investors are often told to diversify and choose low-cost index funds or exchange traded funds (ETFs). Still, the S&P 500 Index is weighted by market capitalization and a volatile October emphasized how much risk was concentrated at the top. So what’s an investor to do? Mike Lowengart, E-Trade’s vice president for investment strategy, outlined ways […]

admin November 6, 2018

Bloomberg News/Landov This will be the last FOMC meeting without a press conference from Fed Chairman Jerome Powell. The Federal Reserve this week will remain impassive about the recent volatility in financial markets after their two-day policy meeting, and continue to signal a policy of continued, gradual, rate hikes economists said. “Some people may […]

admin November 6, 2018

There is finally enough pessimism on Wall Street to make contrarian-minded investors take notice. Contrarians turn bullish when the prevailing mood is extreme pessimism, and there was insufficient pessimism up until just the last few days. A month ago, I concluded after analyzing senitment that “it’s still too early to jump back into stocks.” The […]

admin November 6, 2018

MarketWatch photo illustration/Getty Images Wall Street leverage, liar loans, myopic rating agencies, undercapitalized lenders, out-of-control derivatives, overly aggressive government-sponsored enterprises, misincentivized CEOs, captured regulators and foolish Federal Reserve policy have been blamed to some degree for causing the Great Recession that started at the end of 2007. Laurence Kotlikoff thinks they’re all wrong. […]