News from the World's Most Trusted Financial Advisors for More Than 30 Years

Current Financial News »

Daily Data Flow: Wall Street Rises on Fed Hopes; Dollar Gains on Yen; Health-Care Cost Inflation to Stunt in 2014

Stocks soared today due to growth-oriented sectors rallying on expectations that the Fed will maintain its current level of bond purchases when it issues its policy statement tomorrow. more»

PowerTalk: What You Need to Know as the Fed Gets Ready to Taper its Stimulus: Advice from Experts Douglas Holtz-Eakin and Diana Furchtgott-Roth

Ever since Fed Chairman Ben Bernanke hinted that the U.S. central bank could begin tapering its stimulating efforts, volatility returned to the stock market. There has been much discussion about when and how the Fed will deal with the sugar stimulus-addicted economy. The concern is if the Fed acts too quickly, much like a child on too much sugar, it more»

The Global Guru: Go Big, Go Bold: Bet on Emerging Markets

Emerging markets have been a bust so far in 2013.

While U.S. stocks have soared this year, the largest emerging market exchange-traded funds (ETFs) have fallen off a cliff over the past month or so. The iShares MSCI Emerging Markets Index Fund (EEM) is down 10.55% since the start of 2013. That compares with gains of more than 15.47% for the more»

Pemex Oil Still Playing Monopoly at 75… But Not Much Longer; Run on Russia: Property Values on the Rise; Markets Tiptoe up to Fed Announcement Wednesday

Petroleos Mexicanos (Pemex Oil) is Mexico’s 75-year old state run energy monopoly. more»

Daily Data Flow: Stocks Rise; Dollar Trumps Yen; Home Builder Confidence Hits 7-Year High

Stocks trimmed their gains today as investors expressed concern on whether the Federal Reserve may signal that it will scale back its stimulus at the conclusion of its next policy meeting. more»

PowerTrend Brief: The Informed Investor Scores Big Profits by Embracing Volatility

Ever since Fed Chairman Ben Bernanke hinted that the Fed could begin tapering its stimulating efforts, volatility returned to the stock market. more»

Asian Currencies Feeling the Sting; Netflix Teams up with DreamWorks; The Other Side of the Story: Easing to Spur Double-digit Stock Growth

For weeks now, uncertainty about how long the Federal Reserve’s stimulus support would last has been the primary driver pushing Asian currencies lower. Now it looks like a whole host of pressures will be piling on in the months ahead. more»

Dish Network is Worth Watching as a Possible Winner in Battle for Sprint

Dish Network (DISH) Chairman Charlie Ergen is giving investors an intriguing drama to follow as he attempts to outmaneuver Tokyo-based SoftBank Corp. (9984) for control of money-losing, high-speed Internet network Clearwire Corp. (CLWR) and the latter company’s valuable airwaves. more»

Daily Data Flow: Stocks Fall; Yen Rises; Consumer Sentiment Slips

Stocks fell today, following yesterday’s rally in the S&P 500, as the International Monetary Fund shredded its 2014 outlook for America and urged the central bank to manage its exit from stimulus plans. more»

Smithfield Profit Plunges on Drop in Exports; Clearwire Gives Dish’s Ergen a Nod in Billionaires’ Duel; U.S. Wholesale Prices Rise in May

Hog producer Smithfield Foods Inc (SFD.N), which recently accepted a $4.7- billion buyout offer from China’s Shuanghui International, posted a 63 percent drop in net profit as its exports to China and Russia fell due to concerns about a drug it uses to produce lean meat. more»