Greece-ing the Wheels.
Published February 23, 2015 6131 Views
On Friday, Greece and its European creditors agreed to a four-month extension of the country's rescue package. The deal hinges on the European Central Bank and European Commission accepting Greece's proposed reform measures.
Greece is a country that has been struggling mightily. Effects of their...
The Sweetness of America and You
Published February 19, 2015 5781 Views
Candy bars, some of America's favorite treats, are changing to become healthier. Nestle is removing some artificial ingredients from its Crunch, Butterfinger, Oh Henry!, and other treats. This article explains that the reason for the change is a direct response to consumer interest in healthier food...
February Thaw
Published February 17, 2015 6238 Views
After markets experienced a January freeze that saw both the Dow Jones Industrial Average and the S&P 500 fall between 3 and 4 percent, February has provided a needed thaw for investors. At the close of business on Friday the S&P 500 had set a new record high and the Dow finished above 18,000 for th...
A Big Lesson from Greece
Published February 11, 2015 6528 Views
Those of you who are engaged in geopolitical news will recognize the ongoing turbulence between Greece and its creditors. Desperately trying to avert a default, Greece is still in talks to renegotiate bailout reforms with Eurozone partners and the International Monetary Fund.
According to this ar...
A Local Marriage
Published February 9, 2015 6478 Views
On Friday, Harris announced that it was acquiring Exelis in a deal valued around $4.75 billion. The cash and stock transaction is valued at $23.75 per share and is expected to close in June. The deal combines two military suppliers at a time when the pentagon is looking to reduce spending by $1 tril...
Turbulence
Published February 5, 2015 5843 Views
The first month in the stock market for 2015 has been like a heavyweight bout between the bulls and the bears. The question is whether the decline in commodity prices is foretelling a dramatic slowdown in global growth, or instead be a stimulant to global growth. Each camp has good points. So far th...
Millennials and Their Money
Published February 3, 2015 6032 Views
A general view of millennials is that they are big spenders and are not focused on savings. They are a generation focused on entertainment, frivolous extras, and expensive technology gadgets.
Yet, this article references a recent survey reporting that 53% of millennials studied think about their fin...
Shaking Up Wall Street.
Published February 3, 2015 5908 Views
On Friday, Wall Street's buzz was about New York City based Shake Shack whose stock jumped nearly 120 percent on its first day of trading. The stock closed at $45.90 per share after it was initially offered at $21 per share. By selling 5 million shares the newest public company raised $105 million....
Should I Invest in 2015?
Published January 29, 2015 5711 Views
With the markets hitting highs so many clients ask "should we really invest now?"
My answer is the following:
As we close out January many of the S&P 500 companies are delivering their quarterly earnings results. One company has dominated to achieve record performance: Apple.
Key first quar...
Traveling to Europe? Your trip just got less expensive...
Published January 26, 2015 5799 Views
On Thursday, the European Central Bank announced an aggressive bond-buying program in an attempt to breathe life into the euro zone economy. After the announcement, the euro dropped more than 2 percent against the dollar which is welcome news for Americans with plans to visit Europe. Since dollars n...