 Headlines
- More People Shopped Online Than in Stores Over Thanksgiving Weekend
- European Stocks Fall as Oil Slides, Political Worries Emerge
- Gold Prices Recover After Hitting Nine Month Low
|
Robo-Investing and Robo-Advice Gaining Momentum
The trend toward online investing and advisory services, also known as robo-investing and robo-advice is gaining momentum, but industry  participants are struggling to get a handle on how retail investors view and/or use robo-services to conduct their financial affairs.
Studies Abound Recent research conducted by major asset management firms has gleaned insight, yet often their findings turn up contradictory information. For instance, one study conducted by State Street Center for Applied Research found that 65% of retail investors believe that technology will do a better job at meeting their needs than human advisors."
|
The Markets
Overeating and Investors Indulged Appetites Last Week
It's a myth! According to WebMD, the amino acid L-Tryptophan is not responsible for Americans' post-Thanksgiving food coma. The real culprit is overeating. So,  last week's post-feast sleepiness can be blamed on big appetites. Investors also indulged their appetite for risk last week. Barron's reported: "...the stock market sent all four major U.S. benchmarks - the Standard & Poor's 500, the Dow industrials, the NASDAQ Composite, and the Russell 2000 - to record highs last week, on the same day. Lest you think that's an easy feat, we haven't seen such a gathering at the summit since December 31, 1999, back when we had juvenile waistlines and Napster accounts.
|
By the Numbers
Notes: S&P 500, Gold, DJ-UBS Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized ... more important disclosure mentions found here. (We urge you to read the entire disclosure statement.)
|
