The year has started with a bang as far as stock market investors are concerned. Yesterday, the Dow briefly crossed 13,000 for the first time since May 2008, and many traders are starting to consider whether investors are missing out on a significant rally if they stay on the sidelines, according to CNBC. The Dow,
Traditional defined benefit pensions, which for most of the last century were a fixture of American life, are about to become a relic of the past. The Standard & Poor’s 500 reported Thursday that among its companies, pensions and other post-employment benefits remain underfunded by $210 billion. “Even with a 15 percent equity return and
In the old Andy Griffith Show, bumbling deputy Barney Fife kept his power in his breast pocket — a bullet rarely put in his pistol. Kindly put, he had a problem with misfires. Citizens of the all-American town of Mayberry found it unsettling. It’s mindful of the money Corporate America’s been hoarding by the hordes.