Market Update 6/29/20

The major stock market indexes fell last week. The Dow Jones Industrial Average lost 3.3%, the S&P 500 Index fell 2.9%, the NASDAQ Composite dropped 1.9%, and the Russell 2000 small-capitalization index fell 2.8%. The 10-year Treasury bond yield fell almost 5...
The willing suspension of disbelief

The willing suspension of disbelief

Several decades ago (far too many) I was a new MBA graduate and had entered the management trainee program at what is now one of the world’s largest fully integrated communications firms. The program was comprehensive and included gaining exposure to several...

Quantified Funds 6/29/20

U.S. equity markets posted losses in all three indexes last week. The NASDAQ Composite lost 1.90%, the S&P 500 lost 2.86%, and the Dow Jones Industrial Average lost 3.31%. All 11 sectors were down last week; Energy, which posted the largest loss, was down 6.44%....