Having noted rather pointedly that "there's a subsidy in the marketplace that's worked out definitely to those that are holding equities," Santelli warns, when The Fed removes it, "it creates a problem for equities." However, when he is asked about the disconnect between the bond market (rates) and what The Fed is telling us, Santelli rightly explodes, lambasting the 'Hatzuis' of the world, "if[...]
Tag: equities
Election Uncertainty Has Wall Street on Edge
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 —[...]
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[...]