International investing has come to be perceived as something to avoid following two years of dismal returns. Many investors transferred out. Judging by recent performance, however, they may want to reconsider.
MarketView Chart of the Week, posted June 28, 2002
If history is any guide, there is a good chance the second half of 2002 will be very different from the first half. In recent years, 2001 is the only year in which performance was similar in the two halves.
MarketView Chart of the Week, posted June 21, 2002
Investors and market analysts often use the price-to-earnings ratio (P/E) as a way to value the market. The forward P/E has dropped to its lowest level in recent months.
MarketView Chart of the Week, posted June 14, 2002
No single investment objective consistently beats the others. Investors can diversify among different objectives to protect their assets against market gyrations.
Despite the commitment required to complete the program and the fierce competition, the number of investment professionals participating in the Chartered Financial Analyst (CFA®) program has grown dramatically over the past ten years.
Declining interest rates are good for those looking to buy a home or car, but not so good for conservative investors. Returns on money market mutual funds fell steadily last year.
Coming off a disappointing April and slow start to May, Nasdaq reversed course this week, rising almost 9% to record its best weekly percentage gain in more than a year.
MarketView Chart of the Week, posted April 26, 2002
It appears the recovery is progressing, with no signs of inflation. The Federal Reserve appears to have little incentive to change interest rates at its next meeting.
MarketView Chart of the Week, posted April 19, 2002
A recent USA Today and Cigna Retirement & Investment Services survey indicates a majority of respondents participating in a retirement plan are either somewhat or extremely concerned.
MarketView Chart of the Week, posted April 5, 2002
The Dow Jones Utility Average dropped significantly following Enron’s bankruptcy, but now appears to be rebounding as corporate accounting concerns begin to dissipate.
MarketView Chart of the Week, posted March 29, 2002
Prices are still below year-ago levels, but have been rising rapidly. Given the economic implications, the current trend in energy prices bears watching.
Prices are still below year-ago levels, but have been rising rapidly. Given the economic implications, the current trend in energy prices bears watching.
MarketView Chart of the Week, posted March 15, 2002
The chart shows the Institute for Supply Management’s Manufacturing and Non-Manufacturing Indexes from April 2000 through February 2002. The Foreign stocks underpeformed their US counterparts in each of the last two years, causing some investors to place greater focus on domestic stocks. Stories in the press also emphasize their trailing performance. But international stocks have been on a roll lately, catching many investors by surprise. The sudden and significant reversal gives renewed credibility to the seemingly ubiquitous performance disclaimer . . . Past performance is not indicative of future returns.
in April 2001. It rises above 50, to 58, in February 2002.
MarketView Chart of the Week, posted March 8, 2002
The chart shows the Institute for Supply Management’s Manufacturing and Non-Manufacturing Indexes from April 2000 through February 2002. The Manufacturing Index begins at a level of 55, then drops below 50 in August 2000, where it remains before climbing to 54 in February 2002. The Non-Manufacturing Index begins at 61, then steadily decends, dropping below 50 in April 2001. It rises above 50, to 58, in February 2002.
MarketView Chart of the Week, posted March 1, 2002
The chart shows new and existing home sale levels from June 2001 to January 2002. The sharp contrast between the two calls into question the strength in future housing activity.
MarketView Chart of the Week, posted February 8, 2002
Initial Gross Domestic Product (GDP) figures show the US economy expanded at a 0.2% annualized rate in the fourth quarter. Despite recent signs of improvement, most economists had expected the economy to contract.
MarketView Chart of the Week, posted February 1, 2002
Following a decade of recession in Japan and prosperity in the US, the primary Japanese and US stock indexes have crossed paths for the first time in 45 years.
MarketView Chart of the Week, posted January 18, 2002
Last year may best be described as trying for stock investors. Along with diversification, patience and focus are allies of successful long-term investors.