The US economy grew 2.7% in the third quarter of the year, a significant upwards revision from the first reading of the data.
Bob Doll has joined Nuveen Asset Management as chief equity strategist and senior portfolio manager in a surprise move following his retirement from BlackRock in the summer.
Research shows us that over the long term, dividend paying stocks tend to outperform non-dividend payers and do so with less risk. Over the last 30 years, the index of equal-weighted, dividend paying S&P companies returned +8.7% annualised versus +1.5%...
If the US was to go off the fiscal cliff at the end of the year it would lead to a recession in the world's largest economy, the country's Congressional Budget Office (CBO) has warned.
The Dow shed more than 300 points in yesterday's session as investors questioned re-elected President Barack Obama's commitment to dealing with the US fiscal cliff.