Monthly Archives: April 2011

April goes out like a lion

Strong earnings results at Caterpillar powered the blue chips higher, as gold and silver continued to climb. The Dow gained 47 points to close 2.4% higher for the week and 4% higher for the month. The Nasdaq rose by one… Continue reading

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What’s driving international bonds?

World events—unrest in the Middle East, earthquakes, tsunamis, and the health of currencies around the world—affect international bond investing. That leaves us asking, where in the world are opportunities in international bonds? Here with some answers is Tony Norris, managing… Continue reading

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College for kids

The major indexes continued to climb. The Dow gained 72 points, the Nasdaq rose by 2, and the S&P 500 advanced 4. Twenty-three of the Dow’s 30 components gained ground, led by Boeing (BA), which rose 3%. Volume was light… Continue reading

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Finding municipal bond opportunities in a rising interest rate environment

Today we have a guest post by Lyle Fitterer, head of municipal fixed income investment at Wells Capital Management: An improving economy has put everyone on watch for a rising interest rate environment. We’re watching for the effects of rising… Continue reading

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Economic expansion—not done yet

Real gross domestic product (GDP) increased 1.8% in the first quarter of 2011, according to the “advance” estimate from the Bureau of Economic Analysis (BEA). The BEA will revise this number two more times as additional data is gathered.  That… Continue reading

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Bernanke meets the press

The major indexes rose, following the Federal Reserve’s first-ever regularly scheduled press conference. The Dow gained 95 points, the Nasdaq rose by 22, and the S&P 500 advanced 8. Twenty-eight of the Dow’s 30 components gained ground, led by General… Continue reading

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Managing the fear of inflation

The Federal Open Market Committee (FOMC) did not make many substantive changes to monetary policy. It will keep the target on the federal funds rate between 0.00% and 0.25% and will buy $600 billion in U.S. Treasury securities, completing its… Continue reading

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Links, news, and diversions

100 years of home prices. International Monetary Fund: China’s economy will be bigger than the U.S.’s very soon. Algorithmic pricing on Amazon.com sends price of book soaring to $23,698,655.93. And it’s a book about flies. First-quarter earnings season (so far)… Continue reading

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Ph.D. proliferation

A good round of earnings reports and an uptick in consumer confidence outweighed yet another dismal housing report, and the markets advanced for the day. Ford Motor Co. reported its best earnings in 13 years, Delta Air Lines reported a… Continue reading

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A Fed letter day

Tomorrow is likely to be very eventful for the stock and bond markets. Fed Chairman Bernanke will make history by being the first Chairman to have a press conference following an FOMC meeting. This is the latest effort by Fed… Continue reading

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