Blog
Peloton 2013 Q1 Recap
Equity markets have now registered gains in each of the last four first quarters (January-March), extending a streak that began in 2010. Last quarter’s gain of 10.6% pushed the S&P 500 into record territory, surpassing levels it first reached in October 2007 –...
Bond Investing in Today’s Environment
A persistent feature of this recovery, today’s low interest rates, are a result of the Federal Reserve Bank’s Quantitative Easing (QE) programs. Homeowners with mortgages – at least those able to refinance their loans – have benefited from progressively lower...
How About Some Respect for Dividends?
Dividends are like Rodney Dangerfield – they get no respect. One reason is because stock investors are mainly interested in capital appreciation, not income, so they tend to overlook dividend yields. Another reason is that dividend yields have historically been...
Bidding Farewell to NYX
Shareholders of NYSE Euronext (NYX) were treated to some fun news yesterday morning: the company has agreed to be acquired by Atlanta’s Intercontinental Exchange (ICE). The offering price of $33.12 per share represents a 37.7% premium to NYX’s closing price on...
Summer 2012: 3-peat? Not so Fast
There is a lot of worry that stocks this summer will repeat the negative performance pattern of the last two summers. Markets hit their 2012 highs around the end of the first quarter and since then, the volatile, negative price action has led many to groan "Here we...