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3 managers share their secrets...plus couple of reads

edited December 2011 in Off-Topic
http://www.smartmoney.com/invest/strategies/3-money-managers-share-their-secrets-1323711427716/#printMode

4 dividneds w/ growth potentials
http://www.etftrends.com/2011/12/four-dividend-etfs-with-growth-potential/?utm_source=iContact&utm_medium=email&utm_campaign=ETF Trends&utm_content=

dead wt
http://moneymorning.com/2011/12/12/the-brics-will-be-dead-weight-in-2012-invest-in-these-five-emerging-markets-instead/

ot - where to invest in 2012
http://www.smartmoney.com/invest/stocks/where-to-invest-2012-1323381068399/#printMode


RBC Wealth Management - weekly commentary
Michael D. Ruccio, AAMS
Senior Vice President
25 Hanover Road
Florham Park, NJ 07932-1407
(p) (866) 248-0096
(f) (973) 966-0309
[email protected]
www.rbcwm-usa.com



Market Week: December 12, 2011
The Markets
Domestic equities saw their second straight week of gains. Though it couldn't match the previous week's strong rally, the upswing left the S&P 500 just short of flat for the year, while the Dow extended its year-to-date lead. Meanwhile, the 10-year Treasury yield continued to hover around 2%.


Market/Index 2010 Close Prior Week As of 12/9 Week Change YTD Change
DJIA 11577.51 12019.42 12184.26 1.37% 5.24%
Nasdaq 2652.87 2626.93 2646.85 .76% -.23%
S&P 500 1257.64 1244.28 1255.19 .88% -.19%
Russell 2000 783.65 735.02 745.40 1.41% -4.88%
Global Dow 2087.44 1837.15 1830.78 -.35% -12.30%
Fed. Funds .25% .25% .25% 0 bps 0 bps
10-year Treasuries 3.30% 2.05% 2.07% 2 bps -123 bps



Last Week's Headlines
European Union leaders adopted measures intended to impose greater fiscal discipline among members. The new agreement would impose automatic penalties on countries that violate deficit limitations; require members to pass balanced-budget legislation; accelerate into 2012 the creation of a permanent €500 billion European Stability Mechanism to replace the current bailout fund; and contribute €200 billion to the International Monetary Fund. The agreement was adopted in lieu of amending the EU treaty itself, which was vetoed by the United Kingdom.
Standard and Poor's warned that 15 eurozone countries, including even Germany and France, could soon be in line for a downgrade. The ratings agency followed the announcement of a negative credit watch with similar warnings for the European Financial Stability Fund (the bailout fund supported by six of those countries) and for several of the region's largest banks, which have heavy exposure to sovereign debt.
European Central Bank President Mario Draghi downplayed the possibility of a more robust bond-buying program by the ECB, which he said would violate the European Union treaty by essentially creating money to finance budget deficits. However, the central bank did lower its benchmark interest rate to 1%, cut bank reserve requirements, and made it easier for banks to borrow from the ECB.
The U.S. trade deficit shrank 1.6% in October to its lowest level of the year. The Commerce Department said both exports and imports declined, but imports fell more due to lower oil demand.
The U.S. services sector continued to grow in November, though the pace of growth slowed by 0.9%, according to the Institute for Supply Management.


Eye on the Week Ahead
Investors and ratings agencies will continue to digest the results of Friday's European summit. Also, Tuesday's Fed announcement will be watched for any signs that QE3 might be on the horizon. Domestic data will focus on retail sales, regional manufacturing, and inflation, while the year's final quadruple witching options expiration hits at week's end.





Comments

  • Watch out for that MoneyMorning site. There are a lot of ideological buzzwords in that article, which is usually an indicator the author has a narrow view and can miss a lot of good info that doesn't fit his/her fixed ideas.
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