Fund Architects Commentary
ADVISOR INSIGHTS - Still Crooked
Thanks to a bunch of faceless federal prosecutors, one of the rankest names in U.S. market history has been dredged up for everyone’s unpleasant recollection: Enron. Seems that Jeff Skilling, the rotten company’s malodorous CEO, could be freed from prison nearly a decade sooner than originally expected, or hoped. Continue reading »
US Stocks Ended the Week at Record Levels Again
Top Stories Last Week Continue reading »US Stocks Rose to Record Highs
Top Stories Last Week Continue reading »
Global Markets Rallied for the Week
Top Stories Last Week Continue reading »ADVISOR INSIGHTS - All That's Gold is not Glitter
If you missed the action on the Comex a couple of Mondays back, gold posted its biggest one-day percentage drop in 30 years. Touching a two-year low of $1,360 an ounce, the yellow stuff extended a bear-market dive of nearly 28% from its record high of $1,888 hit August, 2011. According to analysts, the reversal came as investors started grappling with signs the global economic expansion is slowing. But what do they know. Continue reading »
Global Stocks Ended Lower for the Week
Top Stories Last Week Continue reading »
ADVISOR INSIGHTS - Field of Bad Dreams
Reminding us once again how un-level the Wall Street playing field is, or at least can be, Reuters reported last week that a number of the industry’s big-league players received potentially market-moving Federal Reserve information ahead of the rest of us corn farmers. And not just a little bit ahead, a full 19 hours ahead. Somehow coaches for the central bank managed to call the incident ‘accidental’ without falling down the dugout steps. Continue reading »
US Stocks Ended the Week with Solid Gains
Top Stories Last Week Continue reading »S&P 500 Had Worse Week in 2013
Top Stories Last Week Continue reading »
ADVISOR INSIGHTS - Where's the 'Us' in Cyprus
Cyprus: A hole in the surface of the Eastern Mediterranean Sea into which 60% of Cypriot money is thrown.
True enough, in a peculiar move intended to save Aphrodite’s birthplace from bankruptcy, Cyprus's central bank confirmed Saturday that its major depositors, i.e., anyone slow enough to still be a depositor, will be given shares worth just 37.5 percent of their savings over
Even the Greeks have to feel lucky. Continue reading »