When it comes to where we are in the economic cycle, expert opinions vary widely. Some experts think the economy could be headed for a double-dip recession, while others say it’s headed for a slow but steady recovery. Rose was interviewed on this topic by Ben Baden, who wrote the following article published in Yahoo! [...]
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market recovery
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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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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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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Buy in June and Stay Tuned
by Rose Greene, CFP on June 2, 2010
Weekly Market Commentary, June 1, 2010 Jeffrey Kleintop, CFA Chief Market Strategist LPL Financial Highlights “Sell in May and go away” only works about one-third of the time. With a pullback having already taken place, we find little value in this old adage. We believe investors should “buy in June and stay tuned” this year. [...]
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