Goldman Sachs: MVP of a Dow 20000

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 3...
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  • November 14, 2016

Election Tea Leaves

A global grass roots political upheaval is spreading. Brazil has ousted its president and Venezuela is an inch away. Brexit was a core “no more” vote against immigration. The U.S. was a surprise double header with Republicans taking both the White House and the Congress. France seems certain to ...
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The Stock Market’s New High: A Record About Nothing

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 ...
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  • February 4, 2016

The Road from Nadir to Zenith

Oil industry observers around the world have been taken aback by the speed, ferocity, and steadiness of the downtrend in global crude oil prices over the past twenty months. They went from roughly $110 per bbl in June of 2014 to $33 per bbl at the end of January, 2016. This is a 70% fall if we avera...
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Why There’s No Better Time to Buy Commodities

Commodities haven’t just had a rough year. It’s been more like a rough half-decade, in which prices of raw materials and foodstuffs were halved. Once a mainstay ingredient in the investing soup, this asset class is now being shunned, and some people are making ever more bearish price forecasts. ...
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AAM Partners with Cyrus J. Lawrence

MONUMENT, COLO.—March 24, 2015—Advisors Asset Management (AAM) has signed an agreement with Cyrus J. Lawrence LLC (CJL), which constitutes the former investment management division of International Strategy & Investment Inc. (ISI). Cyrus J. Lawrence was re-launched in March 2015, following ISI G...
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