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The Importance of This Week's Pending Home Sales Report 27 Aug 2013 | 10:00 am
This week’s “Pending Home Sales” report just got a whole lot more important. There was nothing subtle about the drop in July new home sales as reported on Friday. New home sales fell a remarkable ...
FOMC Minutes Bolster the Argument for a December Taper 22 Aug 2013 | 10:00 am
Do economic conditions warrant a pull-back in Fed purchases? Yesterday’s FOMC meeting minutes bolstered our belief that the Fed will likely wait until the December meeting before tapering. In our vie...
The Tapering Timeline 20 Aug 2013 | 10:00 am
Halfway through the trading day on Monday, volume in the S&P 500 was 25 percent below its average over the past 100 days. We are truly into the dog days of summer. After two weeks of modest declines, ...
Investors Look Ahead to September 13 Aug 2013 | 10:00 am
The summer doldrums have arrived on Wall Street against a backdrop of conflicting messages. Concerns about complacency have spurred new warnings of a possible pullback in stocks, just as the news on t...
Has the Bull Market Run Its Course? 6 Aug 2013 | 10:00 am
Despite mediocre earnings growth, mixed economic data and widespread expectations that the commencement of Fed tapering is just around the corner, stocks continue to post new highs. The argument in su...
Notes on the July Employment Report 2 Aug 2013 | 10:00 am
Today’s data should cool some of the optimism that has recently been building around second-half growth prospects. Although we still fully expect growth to improve in the second half, economic sentime...
Ameriprise Financial Gives Back to the Community with $1.5 Million in Grants to Nonprofits 1 Aug 2013 | 06:00 pm
Recent donations will provide meals, housing assistance and community services to tens of thousands of families across the country Minneapolis – (August 1, 2013) – Ameriprise Financial, Inc. (NYSE: ...
What's Really Going on with the Drop in Mortgage Applications? 1 Aug 2013 | 10:00 am
As we all know, media headlines often tell only half the story, and in some cases unfortunately, they stress the half that misleads. That seems to be the case with recent headlines on mortgage applica...
Q&A: Pat O’Connell Discusses Gen Y’s Financial Attitudes 31 Jul 2013 | 10:00 am
The emerging generation of Millennials has unique money values, different from those of their parents and grandparents – many have a sunny outlook, while others are more concerned about their financia...
Information Overload Coming This Week 30 Jul 2013 | 10:00 am
After a week’s respite from announcements by the Fed, market participants are right back to anticipating the results of the Fed’s next meeting this Wednesday. However, little is expected to change fr...