For a period of more than 20 years stretching back into the mid-1980s, university endowments seemed blessed by fairy dust. The top three U.S. university endowments — Yale, Harvard and Stanford — consistently returned more than 15% per year over that period. That changed in 2008, when the top university endowments plummeted by 25% to […]
It was a down week for both U.S. and global stock markets last week, with the S&P 500 down 1.06% and the MCSI Emerging Markets Index dropping 2.00%. Interestingly, the NASDAQ actually eked out a gain of 0.18%. You had a couple of positions in your Bull Market Alert portfolio that bucked the trend, including […]
Despite the initial sharp rally in the markets after Fed Chairman Ben Bernanke’s surprise announcement to hold off on tapering, U.S. stock markets ended the week on a down note. The Dow Jones fell 1.26% and the S&P 500 fell 0.43%. The MCSI Emerging Markets Index bucked the trend and ended the week 0.82% higher. […]
The United States is obsessed by rankings. Walk by any magazine rack, and you’ll see that it is the issues with the rankings of colleges, hospitals, football or basketball teams that are the most thumbed through. Sadly, in the game of global competitiveness, these rankings tell a sad story about the U.S. economy. The World […]
It was another positive week in the stock market, with the S&P 500 ending the week 1.30% higher and the MCSI Emerging Markets Index jumping another 2.24%. That made it four straight weeks that international stock markets had outperformed their U.S. counterparts. Big gainers in your Bull Market Alert portfolio included Gentherm (THRM), which jumped […]
It was a strong week for U.S. markets as the Dow Jones jumped 2.23% and the S&P 500 nudged 1.23% higher. The MCSI Emerging Markets Index also rose, but by only 0.45%. Big gainers in your Alpha Investor Letter portfolio included Visa (V), jumping 3.80%, iShares MSCI Singapore Small Cap Fund (EWSS), climbing 2.44%, and […]