Ahead of next week’s meeting of the U.S. Federal Reserve, investors grew concerned about the status of the Fed’s stimulus program, as well as a possible announcement of Chairman Ben Bernanke’s successor. This led both the euro and yen to gain ground on the dollar. “The market is definitely less concerned about tapering. The tapering is not being viewed as negatively as it was in the recent past,” said Alvise Marino, currency strategist at Credit Suisse in New York.
Every year I say September hits like a thunderous jolt on many levels. It is back to school for many and the return to work for most of us as we race toward the end of the year. That means revisiting prior plans and using the sailing term tacking back on course to make sure we land where we want to be. That’s true in business and with investing.
Looking at the year-to-date returns for the S&P 500 and other major market indices, 2013 has been a banner year. The S&P 500 alone is up mo
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
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Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers: