Monthly Archives: October 2013

Stock and Bond Mutual Fund and ETF Flows YTD

Investors’ embrace of risk is approaching levels not seen since the height of the dot-com bubble. This year through Oct. 25, some $277 billion has flowed into stock mutual funds and exchange-traded funds – the most since the technology stock bubble 13 years ago, according to TrimTabs. U.S. stock mutual funds and ETFs have taken in $123 billion of investor money, the first net inflow since before the 2008 financial crisis. Global stock mutual funds and ETFs have taken in $154 billion, the ...

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Endowment Wealth Management Weekly Market Update as of October 25, 2013 by Prateek Mehrotra

Highlights for the week ending October 25, 2013: •Domestic stock prices continued to climb higher this week. Stock prices gained ground again this week on generally positive third quarter earnings reports. Amazon and Microsoft were two of the companies reporting better-than-expected earnings. With about half of S&P 500 companies having reported so far, average earnings growth has been about 7.1%, with about 76% reporting better-than-expected results. •Global markets were modestly high...

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Endowment Wealth Management Weekly Market Update as of October 18, 2013 by Prateek Mehrotra

Highlights for the week ending October 18, 2013 •Domestic stock prices charged ahead this week. Stock prices received a double dose of good news this week in the form of the budget resolution and strong earnings reports. Google, General Electric and Morgan Stanley were among the companies reporting positive third quarter earnings, driving the S&P 500 to a record high yesterday. Among the S&P 500 companies that have so far reported earnings, 71 percent have topped analyst estimates. ...

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Endowment Wealth Management Weekly Market Update as of October 11, 2013 by Prateek Mehrotra

Highlights for the week ending October 11, 2013:  •Domestic stock prices were modestly higher on the week. After last week’s declines, stock prices rebounded somewhat during this second week of the partial government shutdown. The White House and House republicans have been negotiating a short-term extension of the debt-ceiling limit, triggering yesterday’s surge in prices, the S&P 500’s second biggest gain of the year and the largest advance in nine months.   •Global markets...

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U.S. Government Shutdown Explained by Rob Riedl

Congress failed to agree on a spending bill for the fiscal year starting October 1, 2013, resulting in the first government shutdown since 1995. According to the Congressional Research Service, this is the 18th time the federal government has shut down as a result of a failure to agree on an annual appropriations bill. Most shutdowns have lasted only a few hours or a few days. The most recent shutdown, in 1995, lasted three weeks. What happens when the federal government shuts down? When the g...

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Endowment Wealth Management Weekly Market Update as of October 4, 2013 by Prateek Mehrotra

Highlights for the week ending October 4, 2013: Domestic stock prices hit a snag this week. September ended with the S&P 500 gaining +3.1%, but with the partial government shutdown beginning on October 1st, investors decided to book some profits. Equities gained today amid growing optimism that the budget impasse would be resolved soon and the first government shutdown in 17 years would come to an end. Global markets were mixed on the week. World markets reacted in sympathy with domestic ...

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