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The Markets

The Markets

“The future’s so bright, I gotta wear shades.”

The Markets

Last week, stock funds were the belle of the ball.

Investors contributed more than $22 billion to global mutual and exchange-traded funds which was the biggest weekly inflow since September 2007. U.S. stock funds also were popular, receiving more than $18 billion – the most during a single week in more than a decade.

The Markets

The Markets

“This too shall pass.”

--Ancient proverb

The Markets

There they go again.

The Markets

Another week is history and we’re another week closer to the “fiscal cliff.”

The Markets

After all the huffing and puffing of the election, the fiscal cliff, and the Dancing With the Stars season finale, the U.S. stock market ended the month of November within 0.3 percent of where it started, according to The Wall Street Journal.

With the election results now solidified, many of you are probably asking, “What now?” The short answer is: we’re awaiting the next move of the President and Congress. The fiscal cliff is likely the most pressing item confronting the President, a divided Congress, and the nation.

The Markets

What fiscal cliff? 

Stock prices rose last week to their best weekly gain in five months as investors cheered the start of the holiday shopping season, encouraging economic data from Germany and China, improved housing data, and confidence from President Obama and Congressional leaders that the fiscal cliff will be avoided.