A handful of toss-up U.S. Senate races this week could hold the key to whether the stock market glides through the year-end in a typical post-midterm election rally or gets hit with a fresh bout of volatility. U.S. investors appear less concerned with whether Republicans take control of the Senate, as expected, or Democrats hang on to their majority by a slim margin. They just want to know —[...]
Tag: stock market
CNNMoney: Many Baby Boomers May Be Over Weight in Stocks
Tuesday, 21 Oct 2014 07:40 AM By Dan Weil A rule of thumb has it that the percentage of your portfolio devoted to bonds should equal your age. But many baby boomers are drifting far from that formula. In the 60-to-65 age bracket, 30 percent have placed almost all of their savings in stocks, and 52 percent allocate more than 70 percent of their portfolio to equities, according to an analysis of[...]
Implications of an Ebola Pandemic in the US – Could Our Fragile Economy Handle the Shock?
By Michael Snyder For the moment, our top public health officials are quite adamant that there absolutely will not be a major Ebola outbreak in the United States. But what if they are wrong? Or what would happen if terrorists released a form of weaponized Ebola or weaponized smallpox in one of our major cities? What would such an event do to our economy? I think that we can get some clues by[...]