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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economy
Quote of the week. “Nothing in life is to be feared. It is only to be understood.”– Marie Curie Reforms become law. President Obama signed his long-envisioned health care reforms into law on March 23, and he will sign the amendments to the bill into law on March 30. Most of the major changes will [...]
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How effectively could it address America’s unemployment rate? provided by Los Angeles Financial Planner, Rose Greene, CFP® How about a tax break for companies that hire? A new jobs bill introduced by Sen. Majority Leader Harry Reid (D-NV) proposes major tax incentives for hiring businesses. If the bill becomes law, will these incentives make a [...]
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Over the past week, the LPL Financial Current Conditions Index rose by 0.2 to 1.6, making a new high for the year. The index reflects current conditions aligned with the high end of our base case outlook and low end of our bull case outlook, established at the end of last year. Consistent with this [...]
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Ten Reasons for a Rebound
by Rose Greene, CFP on June 2, 2010
Weekly Market Commentary, May 24, 2010 Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights We believe this pullback is merely part of the higher volatility in the markets we have been expecting this year to accompany the transition from recovery to sustainable growth. We offer ten reasons why we expect the markets to rebound [...]
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