Global markets bounced around pretty good last week while waiting to receive the “all clear” signal from Europe that never came. As has been for weeks now, headlines in Europe are driving the markets; so much so that I’m struggling to come up with something new to say each week! In light of my writer’s block, I thought I’d include an article from Mohammed El-Erian, the famous CEO and co-CIO of PIMCO – a popular [...]
Total Returns % 1 Week YTD Dow Jones Industrial Average -1.03% +4.03% NASDAQ Composite -2.48% +2.36% S&P 500 Index -1.28% +3.71% Russell 2000 -2.69% +2.45% U.S. Aggregate Bond Index +0.58% -0.11% MSCI All Country World -2.18% +1.79% Source: Yahoo! Finance. Data through 3-11-11 This past week was bad across the board for global markets. In particular, Japan’s market really took a hit with the earthquake. My thoughts and prayers to Japan, and hopefully containment of [...]
There are many approaches to gaining exposure to an investment area of interest. A common, often over-looked or under-utilized approach is through the backdoor. As an example, people that want to ride the Apple computer company tidal wave could invest in the companies that supply the “guts” of Apple’s products. Or, investors that want exposure to steel could invest in coal, or coke companies (or even railroads). Sometimes backdoor investing is all an investor will [...]