stocks

Billionaire investor Clifford Asness rips new report that tells investors to only buy stocks – Uptrends

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Billionaire investor Clifford Asness rips new report that tells investors to only buy stocks – Uptrends

Three finance professors have ruffled the feathers of one of Wall Street’s most vocal hedge fund managers with a new paper. “Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advice” estimates that “Americans could realize trillions of dollars in welfare gains” by adopting an “all-equity strategy” for their retirement savings. It’s a serious … Read more

Markets: Stocks set another record with S&P 500 at all-time high – Uptrends

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Markets: Stocks set another record with S&P 500 at all-time high – Uptrends

U.S. stocks set another record Thursday following some mixed reports on the economy. The S&P 500 rose 29.11 points, or 0.6%, to 5,029.73 and squeaked by its prior all-time high set last week. The Dow Jones Industrial Average gained 348.85, or 0.9%, to 38,773.12, and the Nasdaq composite climbed 47.03, or 0.3%, to 15,906.17. TripAdvisor … Read more