Dalton — Last week the main regulatory body for brokers took another shot at regulating wayward financial advisors and whiffed. I won’t drag you through the details of the new SEC disclosure and compliance requirements (the final document is 524 pages), but it doesn’t do enough to protect investors. You know all those documents you get and never read when you invest in something? Well, apparently the regulators deem it sufficient to bury the fact that the broker doesn’t have to have your best interests in mind in legalese. The new regulations fail to properly inform investors that financial advice given by a broker may be solely incidental, and mostly its intent is to drive revenue to the financial firm and the broker.
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What is the bond market saying about the stock market?
by Allen Harris
Dalton — In June of 2007, when stock market indices were near all-time highs prior to the Great Recession, I started to short the market (i.e., buy investments that go up in price when stock prices go down)....
Investors reach for new highs
by Bill Schmick
The stock market won’t quit. It has been on a tear since the day after Christmas. It feels like it wants to keep climbing. That would be a fairly simple feat at this point, since we are only...
Markets Feeling Good
by Allen Harris
Dalton — The markets are feeling good, and investors are feeling even better. As I write this on Easter Sunday, the S&P 500 has rallied 23.6 percent since hitting a bottom on Christmas Eve, echoing the 24.1 percent...