What’s the difference between “billions” and “millions”? About 650 points. Provided by Los Angeles Financial Planner, Rose Greene, CFP ® Did a mistake make a selloff more severe? The Dow Jones Industrial Average settled at 10,520.32 Thursday after a 347.80 loss, with fears over European sovereign debt affecting Wall Street. Yet the 347.80 decline was [...]
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From the monthly archives:
May 2010
Why the crisis has Wall Street stressed. Provided by Los Angeles Financial Planner, Rose Greene, CFP ® It would be wonderful if the U.S. financial markets could “decouple” themselves from what is going on in Greece, Portugal and Spain. Unfortunately, the debt situation in these countries is like a ripple in a pond. The question [...]
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This month I’m featuring an important research White Paper written by Burt White, LPL Financial’s Chief Investment Officer. I call it a “Coffee Cup” read, because you’ll want to settle in with a cup of joe and contemplate his foresight. Below are highlights, and I recommend downloading the full PDF report for your convenience. -Rose [...]
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Provided by Los Angeles Financial Planner, Rose Greene Financial, CFP ® On Thursday, May 6, 2010, the stock market, as measured by the S&P 500, expanded its recent pullback with a vengeance as it dropped over 3% for the day after rallying from midday declines of almost 10%. While fear was certainly the undertone for [...]
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Main Street’s anger over Wall Street reaches the Senate floor. Provided by Financial Planner, Rose Greene, CFP® Another reform bill is now making its way through the Senate – a bill that would reregulate the financial services industry with a few goals in mind: 1) Preventing failures of large banks and financial services firms, or [...]
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