If there were nominations for a theme song to describe how the S&P 500 index has traded this year, I would suggest “Road to Nowhere” by The Talking Heads. Since early February, the large-cap index has not moved very much. Has it fluctuated on a day-to-day basis? Absolutely....

The last 30-year Treasury bonds issued with 10% coupons are maturing this week, according to Reuters. These bonds were issued in the summer of 1985, just a few weeks after Coca-Cola gave into public anger over New Coke and reintroduced the original formula (aka, Coca-Cola classic). Read...

One potential way to find stocks of smaller companies with a greater potential for capital appreciation is to look at long-term debt. A reduction in long-term debt along with a low valuation and an improvement in asset turnover are linked to better stock price performance. Read...

By solely looking at the second-quarter data, it’s easy to assume that diversification didn’t work. The average large-cap stock mutual fund ended the quarter flat, while the average mid-cap fund lost 0.2%. Short-term bond funds—both government and general—were also modestly...

Next week, the Federal Open Market Committee (FOMC) will hold a two-day meeting. As has been the case for several meetings now, many economists, traders and other Fed watchers will be looking for hints about when the first rate hike will be announced. Given that so many forecasts...

The cover of this week’s Barron’s reads “Trouble Ahead for Bond Funds.” It refers to an article discussing the downside of holding bond funds in the current environment. Specifically, the article discusses the risk of a decline in prices should interest rates rise. Read...

This summer has not been kind to the Chinese markets. Since mid-June, nearly 30% of the market capitalization of Chinese stocks has vanished into the ether. (The Shanghai Stock Exchange Composite is down by about 28% since June 12, 2015.) Reuters says trading halts have been placed...

Last week, I attended Morningstar’s annual Investment Conference. Attended primarily by financial advisers, the conference is notable for both its size and its mutual fund focus (as many of the speakers work for mutual fund companies). This week, I’ll share some of my notes...

I’ve been working on a new stock strategy. I’m focusing on the screen first—the method for identifying potential candidates—with plans to establish the sell rules afterward. This is the first time I’ve created a new personal strategy, as opposed to revising an existing...

The investment industry reached a generational milestone. The Wall Street Journal says withdrawals from 401(k) plans exceeded contributions in 2013, the latest year complete data is available for. The shift ends of streak of expansion that had lasted decades. Read more » ...