Jeff Benjamin

Investment Insights: The Blogblog

Jeff Benjamin breaks down the game for advisers and clients.

No longer able to blame winter weather, economists see real weakness in housing

Plus: A fresh batch of market data to start your week, the rich have gotten richer since the financial crisis, stocks are being called overpriced, and why working for a hedge fund is better than working at your company

Apr 21, 2014 @ 7:47 am

By Jeff Benjamin

  • As the winter weather melts away, economists are starting to see another problem behind a slowing housing market. The short answer is lackluster demand. Early-spring sales season “decidedly tepid”

  • U.S. markets will hit the decks running Monday as earnings season picks up where it left off before the Easter weekend. On the docket, Netflix and Kimberly-Clark are scheduled to report. Later this week the market will be looking for the Alibaba IPO. Meanwhile, Ukraine is still simmering

  • Contrary to all the fairness noise coming out of the White House, the economic recovery has been setting the table for the rich to keep getting richer. More than 80% of the post-recession rise in household income has been concentrated in the top 20%. Unevenly distributed income gains

  • The average stock is more expensive than it was at the dotcom bubble peak, according to Henry Blodget's math. The world according to Henry

  • Hedge funds continue to have all the fun. Compared to investment bankers, hedge fund employees get better pay, better hours and much better perks. A well-stocked bar, three meals a day, and an in-house psychiatrist

0
Comments

What do you think?

View comments

Recommended for you

Featured video

Events

How eAdvisors embrace technology to succeed

What is an eAdvisor and how are they using technology. These advisers aren't just putting technology on the shelf, they are using it to push their business to the next level, according to Fidelity's Cassie Warrington.

Latest news & opinion

The appeal and pitfalls of holding unconventional assets in retirement accounts

While non-traditional asset classes held in individual retirement accounts may have return and portfolio diversification benefits, there are "unique complexities" that limit their value for most investors.

Wells Fargo's move to boost signing bonuses could give it a lift

Wirehouse is seen as trying to shore up adviser ranks that took a hit after banking scandal

New Jersey fines David Lerner Associates for nontraded REIT sales

Firm will pay $650,000 for suitability, compliance and books and records violations.

Report predicts $400 trillion retirement savings gap by 2050

Shortfall driven by longer life spans and disappointing investment returns.

Wells Fargo will ramp up spending to lure brokers

Wirehouse, after losing 400 brokers in first quarter, is bucking trend among rivals who have said they are going to cut back on spending big bucks recruiting veteran advisers

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print