Month: May 2018

Lorelei Kelly Contributor …read more […]

Higher rates along with a higher U.S. dollar could be as disruptive to global markets as the reversal of the correlation between stocks and bonds in February, according to JPMorgan Chase & Co. “The relentless rise in U.S. 2-year rates and the recoupling of the dollar with interest rate differentials” is an “unhelpful development which has both fundamental and technical origins,” Normand and his fellow strategists said. “Global markets continue to signal more risk than opportunity this spring” despite impressive earnings, with widening credit spreads and a near-total retracement of 2018 losses by the trade-weighted dollar. …read more […]

President Hassan Rouhani said on Sunday Iran had plans to respond to any move by U.S. President Donald Trump on the 2015 nuclear agreement and the United States would regret a decision to exit the accord. Trump says that unless European allies rectify “flaws” in Tehran’s deal with world powers by May 12 he will refuse to extend U.S. sanctions relief for Iran. “We have plans to resist any decision by Trump on the nuclear accord,” Rouhani said in a speech carried live by state television. …read more […]

WASHINGTON (AP) — President Donald Trump’s new attorney, Rudy Giuliani, won’t rule out the possibility that the president would assert his Fifth Amendment right against self-incrimination in the swirling Russia investigation. …read more […]

Transcript:
Here’s the annual small investor’s behavior slap, compliments of Dalbar.

Dalbar is a Boston-based behavioral finance research group that has been collecting data on the small investor for more than 30 years. And its current report is a virtual repeat of last year’s.

If you’ve followed me for any amount of time, this won’t come as a surprise… The small investor is getting killed, and he’s doing it to himself.

The little guy is lagging the market badly – how does 4.7% below the S&P 500 sound? That’s worse than it was last year.

And it isn’t about excessive fees or bad advice; it’s …read more […]

Will other states follow in Maine’s footsteps? …read more […]