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FOMC
The FOMC today made no changes on the interest rate front—which was no surprise—and is keeping rates at a very accommodative 0.00-0.25% range. Despite mentioning that ‘strains in global financial markets have eased,’ they signaled an intention to keep rates … Continue reading
Posted in Economic News
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Economic Update
It was a fairly light week, as far as economic data was concerned. Existing home sales increased in January by +4.3% to 4.57 million units, which was higher than forecast but was somewhat tempered by some adjustments to the December … Continue reading
Posted in Economic News
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LSA Manager Interview – Eric Cinnamond, CFA
LSA Manager Interview – Eric Cinnamond, CFA PARTICIPATE TODAY: Click Here to Register Join LSA at 4:00 EST today as we discuss 2011 with one of the top small cap managers. On the call we will explore how Eric was able to … Continue reading
Posted in Fund News
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Federal Funds Rate Unchanged
Today, the Federal Open Market Committee decided to keep the federal funds rate unchanged at 0.00-0.25%, which was the expected result. However, they did mention a further extension of the ‘extended period’ of low rates set forth a few meetings … Continue reading
Posted in Uncategorized
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Interesting Data
Interesting Data 1. FOR THE YEAR – Although the S&P 500’s raw index value dropped fractionally during calendar year 2011 (falling from 1257.64 on 12/31/10 to 1257.60 on Friday 12/30/11), the total return gain of the index was +2.1% for … Continue reading
Posted in Economic News, Research
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Year-End Review for Private Client Portfolios
Year-End Review for Private Client Portfolios Please login to your LSA website to access the year-end presentation or for instant access, CLICK HERE. While we are not making any revisions at this time, we are currently monitoring a few funds closely. This video presentation will provide a … Continue reading
Posted in Fund News, Portfolio Updates
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Aston (ARIVX/ARVIX) Soft Close…..Not closed to LSA Members!
Aston to Soft Close the ASTON/River Road Independent Value Fund (ARIVX, ARVIX) Eleven Months After Opening *** THIS FUND WILL STILL BE AVAILABLE TO ALL LSA MEMBERS! *** All LSA members will be able to continue making new purchases into the … Continue reading
Posted in Fund News
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FED Note
The Federal Reserve decided to leave their target rate unchanged at 0.00-0.25% at the conclusion of today’s meeting. This was no surprise, nor was their continued use of the language pertaining to their policy of “exceptionally low interest rates at … Continue reading
Posted in Economic News
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ING: $1.3B Charge To Shut U.S. Annuity Arm
Associated Press December 07, 2011, Amsterdam — ING NV, the Dutch bank and insurance company, says it will take a charge of around euro 0.9 – euro 1.1 billion ($1.2 billion – $1.4 billion) to close its U.S. variable annuity … Continue reading
Posted in Uncategorized
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Permanant Portfolio Fund
NUMBER ONE No mutual fund ranks higher than the Permanent Portfolio Fund with an overall rating of “A+”, or Excellent. The fund has maintained an A+ rating since December 2007. The Permanent Portfolio seeks to preserve and increase the purchasing … Continue reading
Posted in Fund News
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Today’s Economy
Economic Notes European concerns continued to dominate other issues. This is unfortunate, considering that U.S. news has been looking better as of late and is perhaps underappreciated. Japan, which has also been largely ignored, grew for the first time in … Continue reading
Posted in Economic News
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