C.J. Lawrence // Media
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News & Media

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...

C.J. Lawrence today announced that it has been recognized with Top Guns status by Informa Investment Solutions’ PSN manager database in 4Q 2015. CJL Balanced was named a Top Gun across all six star categories, and CJL Bulldog Equity was named a Top Gun in the 1-Star Category. Utilizing a proprietary blend of Informa Investment Solutions’ top priority performance screens, PSN Top Guns ranks products in six proprietary star categories in over 50 universes. This is a highly anticipated quarterly ranking and is widely used by institutional asset managers and investors. Top Guns receive a star rating in the range from one to six. The stars indicate the continued performance over length of time. 1-Star Category: Products with this rating were top ten performers within their respective universes, based on quarterly returns. 2-Star Category: These products were top ten performers within their respective universes, based on returns for the one-year period. 3-Star Category: These products were...