MarketView Chart of the Week, posted December 13, 2002
The strong housing market and record pace of mortgage refinancings, along with small but consistent wage gains, have offset a lack of pent up demand and weak labor market, and given consumers the means with which to do what they do best“ spend.
MarketView Chart of the Week, posted November 1, 2002
Multiple confidence measures have declined for several consecutive months, but spending hasn’t followed. Spending may keep the economy limping along-- regardless of the direction of consumer confidence.
MarketView Chart of the Week, posted October 25, 2002
Following two difficult quarters, stocks have swiftly and significantly rebounded so far in October. Such a sudden move underscores the importance of remaining invested in a fully diversified portfolio, and not trying to outguess the market.
MarketView Chart of the Week, posted October 18, 2002
Bullish sentiment recently reached its lowest point in eight years. October 1994 was the last time-- right before the market began a steady five-year climb.
MarketView Chart of the Week, posted September 27, 2002
Corporate scandals, economic concerns, and the possibility of war have all recently contributed to declining stock prices. And while each of these may be of legitimate concern to investors, they are nothing new to the market.
MarketView Chart of the Week, posted August 9, 2002
Lost in all of the bad news surrounding the domestic equity markets, is the fact that since 1970 the historical returns for stocks are still almost 50% higher than those of bonds.
MarketView Chart of the Week, posted July 26, 2002
The June confidence report from the Conference Board indicates consumers are less confident about both present conditions and the future, yet at the same time they bought a record number of new homes.
MarketView Chart of the Week, posted July 12, 2002
One tool many investors rely on when selecting funds is the Morningstar Star ratings. While they show how funds have performed in the past, using them to determine which funds will perform well in the future isn’t recommended.