Market Insights

Decorative pattern

Market Insights

Forget macro, watch for ‘animal spirits’: Akerlof

While headlines highlight the unfolding debt crises in Europe and — eventually — the U.S., investors might want to take a much, much narrower view to improve their portfolio performance. Rather than worrying about what might happen at the transnational level, they may be better served examining the motives of individuals, says George Akerlof, author […]

By Steven Lamb |June 9, 2010

3 min read

Decorative pattern

Market Insights

A.M. market data for June 9, 2010

North American markets Back to Top Open Change YTD Dow Jones 9,939.98 +123.49 or +1.26% -4.68% S&P 500 1,062.00 +11.53 or +1.10% -4.76% NASDAQ 2,170.57 -3.33 or -0.15% -4.34% TSX 11,517.18 +12.44 or +0.11% -1.95% International markets Back to Top Open Change YTD Nikkei 9,439.13 -98.81 or -1.04% -10.50% Hang Seng 19,621.24 +133.76 or +0.69% […]

By Staff |June 9, 2010

1 min read

Decorative pattern

Industry

Best of 2010: Profits may be worthless, Klarman says

Speaking at the CFA Institute’s annual conference in Boston, Seth Klarman, founder and president of the Baupost Group, and author of the much-sought-after Margin of Safety, opined that earning money is the easy part, but that ensuring U.S.-dollar denominated profits retain their value may become a challenge. The following story appeared in our Top Minds […]

By Steven Lamb |June 9, 2010

4 min read

Decorative pattern

Market Insights

A.M. market data for June 8, 2010

North American markets Back to Top Open Change YTD Dow Jones 9,816.49 -115.48 or -1.16% -5.86% S&P 500 1,050.47 -14.41 or -1.35% -5.80% NASDAQ 2,173.90 -45.27 or -2.04% -4.20% TSX 11,504.74 -64.87 or -0.56% -2.05% International markets Back to Top Open Change YTD Nikkei 9,537.94 + 17.14 or +0.18% -9.56% Hang Seng 19,487.48 +109.33 or […]

By Staff |June 8, 2010

1 min read