…euro. Therefore, what happens to the dollar matters greatly to US companies that do business overseas, which is almost all large-cap companies. That’s also what makes “the dollar” a little…
…global financial crisis. Before the crisis, the percent of people employed was in the low sixties. The crisis comes along, and the percentage falls to the high fifties. Then, the…
…for each company in the index and then divide by the number of stocks in the index. When Charles Dow first created the index in 1896 for the Wall Street…
…a lot of it has been good old-fashioned speculation as prices have outrun earnings. This is evident when looking at prices through the lens of company fundamentals. Consider the price-to-earnings…
…can say that the optimal portfolio didn’t turn out very well: large-cap value underperformed large-cap growth, and emerging markets underperformed all other major equity asset classes. But we didn’t have…
…far less tax-efficient than stocks – almost 25 percent of the return is lost to taxes. That makes sense because most of the return from bonds comes from interest income,…
…fees not included in the asset management costs: legal fees, taxes and something called ‘monitoring and oversight’ fees. That last one sounds funny to me, since I would have assumed…
…anyone see The Terminator?. I’m nervous about the unintended consequences, like the connection between social media and teen depression. From an investment standpoint, I’ve heard pitches for AI-powered strategies for…
…I can understand, and the answer is that the industry is lazy when discussing yields and rates. Let’s start at the beginning, though. The first part of the statement states…
…of our duties is to determine the client’s willingness and ability to take risk. Helping clients understand their risk tolerance is important so they are comfortable with their portfolio’s volatility,…
