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News & Updates

July 6, 2014 Stock Market Rests after Record Highs

Wall Street Sector Selector - The îSTOXXî 600 Banking Index sank 1.2 percent on Friday. The Euro îSTOXXî 50 Index declined 0.59 percent to 3,270 â remaining above its 50-day moving average of 3,233....

July 4, 2014 Brent dips below $111, Libya says oil crisis is over

Source: Reuters

LONDON- Brent crude futures dipped below $111 a barrel on Thursday as supply fears began to ease after Libya declared an end to an oil crisis that has slashed exports from the OPEC member. Libya's government said it had reached a...

July 3, 2014 10 biggest S&P 500 winners and losers for 2014

Source: MarketWatch

The S&P 500 Index SPX +0.07% has returned 7% this year through Thursday. That might seem lousy when compared with the 32% return (with reinvested dividends) during 2013, but it’s on pace to beat the historical average by a...

July 3, 2014 Obama: more reforms needed to wring risk from banks - report

Source: Reuters

President Barack Obama said on Wednesday he wants additional financial reforms to make sure banks are not tempted to make risky bets that can pay off handsomely for a few if they succeed but can cause widely felt disruptions if...

July 3, 2014 Yellen warns investors on bond volatility

Source: FT.com

Janet Yellen had some bad news for investors on Wednesday. The head of the US Federal Reserve thinks they may be underestimating the risks of losses and of higher volatility in future, particularly on corporate bonds

July 3, 2014 Leading Economic Indicators in U.S. Rise for Fourth Month

Businessweek - The index of U.S. leading indicators rose in May for the fourth straight month, showing the economy will gain momentum following a slowdown at the start of 2014. The Conference Board’s gauge, a measure of the...

July 3, 2014 Bill Gates: 'We need energy miracles' yet US invests paltry 2% of R&D budget in energy

Source: Tech Republic

The demand for energy -- be it solar, wind, clean coal, nuclear, or hydro -- already far outpaces the amount we spend on technological innovations for the future of energy, and that demand is only continuing to grow more rapidly....

July 3, 2014 ADP Jobs Number Is Boffo -- Here's What It Means for the Economy

Source: The Street

NEW YORK -- The ADP jobs number is flat-out great. Private employers added 281,000 workers in June, crushing forecasts for 213,000 new jobs and beating last month's 179,000 new jobs. So what does this jobs number mean?

July 3, 2014 Veteran Financial Advisors Launch First Patriotic Investment Manager

Reuters - "According to the îUS SIFî Foundation there's more than $3.7 Trillion in capital managed by SRI asset managers with a liberal bias. When they apply SRI filters on a massive scale, unique opportunities are...

July 3, 2014 European stocks seen extending rally, led by Italy: Reuters poll

NBC News - The poll of over 60 fund managers and strategists taken in the past week predicted the pan-European îSTOXXî Europe 600 index .îSTOXXî> would climb 5 percent to 360 points by the end of 2014 -...

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