In response to the 2008–2009 financial crisis, there was substantial intervention by the Federal Reserve (Fed) in the form of low interest rates and asset purchase programs, known as quantitative easing.read more
Domestic markets finished broadly higher in quiet pre-holiday trading session; small caps led major indexes. S&P 500 Index +0.1%, Dow +0.3%, Nasdaq +0.1%, Russell 2000 Index +0.7%.read more
Excluding the hurricane-riddled insurance sector, Corporate America produced its third straight quarter of double-digit earnings growth.read more
When investors buy securities denominated in foreign currency, they frequently hedge their currency exposure to mitigate the risk of exchange rate fluctuations eating into their returns.read more
Major averages fell modestly Friday; small caps rallied. Dow -0.4%, S&P 500 Index -0.3%, and Nasdaq -0.2%. For the week, S&P 500 -0.1%; Nasdaq +0.5%, Russell 2000 Index +1.2%.read more
Excellence is never an accident. It is always the result of high intention, sincere effort, and intelligent execution; it represents the wise choice of many alternatives – choice, not chance, determines your destiny.