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Market News

Location American Market News for 20 September 2014

The Rise of Ultracheap Financial Advisers

Wall Street Journal - 20 Sep 2014 03:42
In a world in which the expected long-term return on stocks after taxes and inflation is 3% to 4% a year at best, financial advisers still typically charge 1% a year for their services. Why, when you take all the risk, d...
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Finding the Sweet Spot in the Financial Sector Since the August lows, there have been some subtle signs that the financial sector was finally coming to life. The DJ Financial Index (DJUSFN) has just slightly outperformed the Spyder Trust (SPY) since the August low bu...
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The New World of Property Investing

Wall Street Journal - 20 Sep 2014 23:03
Weekend Investor: There's a growing array of ways to profit from renting out single-family homes.
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Gold hits 14-month low, dips below Rs27,000 level

livemint.com - 20 Sep 2014 12:36
Gold hits 14-month low, dips below Rs27,000 level Gold of 99.9 and 99.5% purity declined further by Rs40 to Rs26,970 and Rs26,770 per ten gram respectively
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Now that the dust has cleared on the Alibaba Holdings Ltd. IPO, some perspective: the Chinese e-commerce giant is now worth $230 billion making it the fourth-largest tech company in the world behind Apple, Google and Mic...
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Alibaba Group Holding Limited (NYSE:BABA) shares jumped 38.07 percent on Friday to close at $93.89 following the e-commerce giant's first day as a publicly traded company. The stock opened for trading at $92.70 per share...
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The Week Ahead: What's Next on the Investor's Wall of Worry? Despite what many feared just after the Labor Day holiday, the markets did survive the FOMC meeting. There was considerable selling up through last Tuesday morning when a Wall Street Journal reporter's comments apparentl...
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