Utility stocks are a better choice for investment income than corporate bonds even though federal tax rates on dividends may be poised to rise, according to Jack Ablin, chief investment officer at BMO Private Bank.
Individual investors are pouring money into emerging-market stocks at the fastest pace since 2007 as the biggest rally in 16 years spurs three of the world’s largest banks to predict shares will hit record highs next year.
When the housing bubble burst in 2006, U.S. policy makers looked to Japan for clues about what to do -- and not do -- in response. Now their attention is shifting to Europe as America gets set to follow that region with a concerted attack on its budget deficit.
Ready for the weekend? Finally starting to warm up out there. Maybe dust off the tennis racket, or get the boat in the water. Watch television, which seems to be all anybody talks about now. Television shows.