Our “core” US ETF strategy has been favoring growth over value and large cap over small cap since the autumnal equinox last year. A blend of three ETFs achieves the mix in the core strategy. At Cumberland, “core” can vary from as much as 70-75% of the total weight to as low as 30-35%. Right now it is about half the weight.
JP Morgan Chase (JPM) CEO Jamie Dimon this afternoon told investors at the company’s annual meeting that he’s more worried about California fiscal solvency than about Greece.
Even among Western analysts who live and work in China, the major role played by municipal governments in fueling China’s increasingly speculative real estate boom is underappreciated. The actions of those local authorities are at the heart of China’s property bubble, and they explain why the central government’s attempts to cool lending and construction are failing.
Copper futures rose as much as 5 per cent to a five-week high early on Monday after a massive earthquake in top producer Chile sparked supply worries but prices soon retreated.
A burst of mergers and acquisitions activity moved US stocks higher on Monday morning, aided by stronger-than-expected consumer spending and signs that a Greek bail-out may be announced soon.
March 1 (Bloomberg) — While the eyes of the world focus on Greece’s debt crisis, investors in Edinburgh are busy preparing for the U.K. to be next.