“A dollar is a dollar,” was the daring statement of President Nixon in a 1971 TV address. Whereas we do not want to discuss the logical fallacy of his near-attempt to hoax the American nation that year, it is interesting how the debate...
Exchange traded funds have been gaining market share from the mutual fund industry over the years, and much of that attention has been related to lower costs. But a new research report by Morningstar says many ETFs are not, in fact, cheaper tha...
The cycle is all too familiar to financial advisors. First, the “talking head” on television recommends a stock. This is in turn seen by a client as they are having lunch at the local diner. That’s followed by the phone call to their advisor aski...
Growth in the euro area has slowed sharply, but that’s not true for all companies in the region. We think worries about Europe’s recovery may offer investors the chance to buy quality, small-cap stocks for less than they would pay for...