Funding
Bear Alerts On S&P Sectors To Watch Out For
Last week’s headlines must be a frustration among the 11 S&P 500 sector exchange-traded funds as there are continuous downgrades here and there. Here are some of the results from this week’s scorecards to have a glimpse of what to watch out for.
Which Sectors Are Still OK For Q4?
Even with some major setbacks, stocks looks promising in 2016. The S&P 500 has increased 5% year to date and the MSCI World Index has further added nearly 2%, as of October 24, 2016. Numerous important data points with U.S. labor, manufacturing and housing markets, are displaying marks a global economy that is rising, although sluggishly.
E.Lee Hennessee Died at 64
Elizabeth Lee Hennessee died at the age of 64 because of stroke. E. Lee Hennessee, a pioneering woman in the male-dominated hedge fund industry and the creator of one of the first indexes to track its secretive transactions, was found dead on Saturday at her home in West Palm Beach, Fla.
Fund Managers Assures Election Will Not Wreck Your 401(k)
Fund managers assured that who ever wn the 2016 election, the 401(k) will not be affected The 401(k) is the defined contribution pension account under the Internal Revenue Code.