Equity investors are finding that continuing increases in share prices are no longer something they can count on. As a result, many investors are taking refuge in income-oriented investments, such as bonds, utilities, and dividend paying corporate...
Ever since brokers started swapping shares under that buttonwood tree in lower Manhattan, parallels have been drawn between Wall Street and the casino. Wall Street itself recognizes the similarities. Many proprietary trading firms, in fact...
Talk about going from bad to worse. To optimistic insiders who bought shares of their own banking companies over the last 12 months, the stocks must have felt like falling knives. Indeed, the entire financial system seems to be falling apart so...
I have a friend, a financial advisor, who keeps what he calls The Yell-At-Tom Index. (His name is Tom.) Interestingly, The Yell-At-Tom Index (TYAT) is low right now, he says. That's right. Despite the utter carnage in the equity markets, the...
Steve Leuthold, the veteran chief investment officer of the Leuthold Group, is bullish. Why should you care? Leuthold, a curmudgeonly value manager who relies heavily on quantitative data (in addition to fundamentals), has posted a pretty solid...
In October, the Congressional Budget Office estimated that the private retirement plans of Americans including 401(k) and IRA accounts dropped by some $2 trillion, or 20 percent in the 15 months ending September 30. Yes, those are big, scary...