C.J. Lawrence // Media
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News & Media

Advisors Asset Management (AAM) announced on September 7th that it exceeded $1 billion in sales in unit investment trusts (UITs) where C.J. Lawrence (CJL) serves as the portfolio consultant. CJL is a New York-based investment management firm providing customized portfolios to individuals, families and institutions. The AAM UITs where CJL acts as portfolio consultant seeks to provide above-average total return primarily through capital appreciation. CJL has a long-term record of utilizing its portfolio strategy expertise to build innovative portfolios that can potentially benefit from longer-term market trends. ...

А Dow 20000 milestone would have Goldman Sachs Group Inc. to thank. The stock of the Wall Street bank is the top-performing component of the Dow Jones Industrial Average since the presidential election, accounting for about а quarter of the average's rise. Shares of the Wall Street firm are up 31% since Election Day, rising to within striking distance of their all-time closing high of $247.92, which was hit in October 2007. That compares with а 8.6% rise in the Dow industrials. Goldman shares have benefited from renewed investor optimism around bank stocks as well as а pickup in trading activity among Goldman's hedge fund clientele. Тhе KВW Bank Index, which tracks the share performance of large U.S. national and regional banks, is up 22.27% since Election Day. But while Goldman may have been integral to the Dow industrials' gains, it isn't the best performing big-bank stock since the election. Тhat honor belongs to Bank...

Wall Street’s getting giddy again, with the S&P 500 yesterday, and the Dow today, back in record territory. In the long view, it’s not much to get excited about, really: the S&P 500 is up less than 20 points since its May 2015 high. Small matters like that aren’t likely to derail today’s “Everything is Awesome” mood on the Street. Yet, for a number of reasons, this is a rally unlike any we’ve seen, and when you look at the guts of it, there is far less to be excited about. “The rally in stock prices to new record highs is somewhat reminiscent of a Seinfeld episode. It is happening because not much is happening other than interest rates are at record lows,” Ed Yardeni of Yardeni Research wrote. The low rates on government bonds are making yields in the equities market especially attractive, illustrated by the fact that the most interest-rate...