Global economy weekahead: Living in interesting times

By Mike Peacock LONDON (Reuters) – With U.S. stocks hitting record highs on the back of strong jobs growth, the European Central Bank holding out the prospect of printing money and British house prices soaring there is a lot to ponder in the week to come. The Dow Jones index breached 17,000 for the first […]

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Double-digit profit growth may return in second quarter

By Angela Moon NEW YORK (Reuters) – With all the hoopla over the Dow topping 17,000 out of the way, the market’s next focus will be whether the fast-approaching earnings season can justify U.S. stocks continuing their climb further into record territory. Many factors point to a second-quarter earnings season poised to surprise substantially to […]

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Three things this market should be worried about

Happy 4th of July, Wall Street. Now, brace for turbulence. Market watcher and political strategist Greg Valliere of Potomac Research Group says the chance the market will hit some “air pockets” in the second half of the year is rising. Stocks have been on a tear in the first sixth months of the year, with […]

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Is It A Good Idea To Use 401K Transfer To Gold IRA As A Savings Method For Entrepreneurs?

Is It A Good Idea To Use 401K Transfer To Gold IRA As A Savings Method For Entrepreneurs? Being self employed, an entrepreneur, has its obvious advantages. At the same time, we have disadvantages that need to be considered as a part of your professional development. One of them is the fact that you do […]

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Think college is out of reach now? Just wait.

An astounding 70% of college seniors had student loan debt in 2012. According to a study by the Institute for College Access and Success, the average student loan debt for a 2012 graduate was about $30,000. And it’s about to go up. Every year for the past 30 years college tuition and fees have been […]

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The rich can stop worrying about a middle-class revolution

A stagnant economy has undoubtedly put a lot of financial stress on the middle class. And that is bumming out America’s 1 percenters. “Our country is rapidly becoming less a capitalist society and more a feudal society,” entrepreneur Nick Hanauer wrote recently in Politico, in an open letter to “my fellow zillionaires.” Hanauer — an early […]

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GoPro shares soar after nearly $3 billion valuation

GoPro Inc. (GPRO), whose cameras let surfers, skiers and sky divers record their exploits, rose in its trading debut after pricing its initial public offering at the top of the marketed range. The shares gained 20 percent to $28.75 as of 10:50 a.m. in New York, after the company and its shareholders raised $427 million […]

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As Dow nears 17,000, worrywarts speak loudest

Maybe we should call it Wall of Worry Street. Even as stocks stroll blithely through the neighborhood all-time highs, an abundance of investors are meeting Winston Churchill’s definition of a pessimist — seeing the difficulty in every opportunity. Rather than embracing and celebrating the bull market bounty, Wall Street seems to greet each new theme animating […]

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Dow, S&P 500 end at record highs; S&P up for sixth day

By Angela Moon NEW YORK (Reuters) – U.S. stocks rose on Friday, driving the Dow and the SP 500 to close at record highs as the shares of 330 companies hit 52-week highs on the New York Stock Exchange. The SP 500 scored its third record closing high in a row while the Dow surpassed […]

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3 best investing ideas from the Pimco pros

We talked to some of the investing pros at Pimco, the world’s largest bond firm with close to $2 trillion under management, about their best investing ideas and their outlooks. Daniel Ivascyn, a deputy chief investment officer who was also Morningstar’s fixed-income fund manager of the year for the U.S. in 2013 notes, “2014′s a […]

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