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Economic News

Stock and ETF Trading

  • 05/22/2013 Stocks rally after Bernanke testifies on continuing stimulus:  U.S. stocks saw gains on May 22 after Federal Reserve Chairman Ben Bernanke talked to lawmakers about tapering off the bond buying program in the near future, likely within the next few meetings.
  • 05/09/2013 S&P caps fifth consecutive day at record high:  After hitting an all-time high last week , the S&P hasn't stopped, closing on May 8 for the fifth consecutive day of record highs. The Dow also kept a strong pace, hitting a record high for the second day in a row, moving further past the 15,000 mark.
  • 05/06/2013 Dow hits its 'sweet spot':  The Dow Jones Industrial Average reached 15,000 for the first time ever on May 3, providing optimism for a continuing economic recovery.

Options

Investing and Portfolio Diversification

  • 05/17/2013 The benefits of using a reputable stock broker:  The world of the stock market is an ever-changing landscape, with new investment opportunities arising everyday that can change a person's finances forever.
  • 05/10/2013 Investors should take media advice with a grain of salt:  Chuck Jaffe, a senior columnist for MarketWatch, recently issued a report encouraging investors to beware of advice from the media.
  • 05/06/2013 Research paper shows the cost of financial literacy:  Annamaria Lusardi from the George Washington University School of Business and Olivia Mitchell from the University of Pennsylvania's Wharton School recently published Financial Literacy and High-Cost Borrowing in the United States for the the National Bureau of Economic Research.

IRA’s and Retirement

  • 05/22/2013 Generation Xers and baby boomers worse off for retirement:  A recent study from the Pew Charitable Trust showed that Generation Xers, or those between the ages of 38 and 47, and younger baby boomers, or individuals in their late 40s to mid-50s, are expected to be worse off financially for their retirement when compared to past generations.
  • 05/15/2013 Retirement concerns to prepare for:  You never know what the future will bring, so therefore, it's important to be as prepared as possible.
  • 05/07/2013 Women face greater challenges when retiring:  The recession might have caused problems for many households, but now, five years later, Americans have learned that preparation is crucial to ensure financial security and this goes double for women.

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