Monthly Archives: March 2016

Market Update – March 27, 2016

The stock market lost ground last week after five consecutive weeks of gains. The selling began on Wednesday, following the attacks by Islamist extremists in Brussels. Yet, the losses were modest and orderly. Momentum had been waning in the latter … Continue reading

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Notes and Analysis from AXP’s Analyst Day

Shareholders of the American Express Company have had a pretty rough ride over the past few years. Since 2013, when AXP’s stock earned nearly twice the S&P 500, the stock has underperformed the broader market significantly

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Arlington Asset Investment (AI) Update

The past fifteen months have not been kind to shareholders of mortgage REITs and especially Arlington Asset Investment (AI). (AI operates as a C corporation, but its business is similar to an mREIT. The company invests in agency residential mortgage-backed … Continue reading

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Market Update – March 4, 2016

Major averages closed the week ended March 4 up 2%-3%. This marked the third consecutive week of gains. The S&P 500 gained 2.7%, but smaller stocks have led the way during this rebound. The S&P Mid-Cap 400 gained 4.4% and … Continue reading

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Greece Meets EU Ministers. Changes to GREK.

Greece’s quest to pass the next milestone on it bailout plan will get a hearing on Monday in Brussels at a meeting of EU finance ministers. Press reports suggest that the EU and IMF are still looking for about €9 billion … Continue reading

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