More Investment Concerns Regarding the Impending ‘Fiscal Cliff’
Investors and their advisers should be very cautious about purchasing and holding municipal bonds and municipal bond funds, and be mindful of the possible deleterious effects of the fiscal cliff that...
View ArticleUBS to Shed 10,000 More Employees
UBS has announced a major a cost-cutting overhaul that will eliminate 10,000 jobs. The positions will be eliminated mostly from its investment banking division. UBS cited increased regulatory capital...
View ArticleMunicipal Bonds Plummet
The lowest yields in 40 years and concern over their tax-exempt status sent municipal bonds into their worst monthly decline since 2010, according to InvestmentNews (“Munis take worst pounding since...
View ArticleMore Investors Believe the Stock Market is Rigged
The sense that the stock market is rigged became the majority view of disgusted investors in 2012, according to a Yahoo Finance article, “In 2012, Many Felt the Market Was Rigged.” This view is...
View ArticleBubbles are Plentiful in the Investment Markets
Experts are seeing signs of bubbles in stocks, bonds and farmland. This froth is basically the result of the Federal Reserve’s policy of credit easing – implemented primarily by its purchase of...
View ArticleIs a Stock Market Correction Imminent?
Individual investors who sold and fled the stock market are starting to buy stocks again as stock prices have risen significantly off their lows in March 2009. According to contrarian philosophy, the...
View ArticleVictims of Elder Investment Fraud – A Growing Problem
Investment scams targeting senior citizens continue to proliferate in Georgia and across the country. In fact, the Atlanta Journal Constitution recently published an article dealing with financial...
View ArticleWill More Brokers Switch Firms this Year?
The number of brokers switching firms is expected to be higher than average this year for a number of reasons. Among the reasons is a proposed new rule requiring brokers to disclose signing bonuses to...
View ArticleMerrill Lynch Settles Wage and Hour Class Actions
Merrill Lynch has agreed to pay $12 million to settle wage and hour class action lawsuits filed by employees seeking compensation for overtime. The period in dispute is between 2010 and 2012. The...
View ArticleJ.P. Morgan to Cut Thousands of Jobs
J. P. Morgan Chase has announced plans to cut 17,000 jobs over a two-year period and cut $1 billion of expenses this year. The announcement was made at an Investor Day presentation in New York. The...
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