Considering the breadth of today's economy, one might mistakenly believe that an index consisting of a mere 30 stocks could hardly be of any value. That is simply untrue. In addition to representing 30 of the most highly capitalized and influential companies in the U.S. economy, the Dow is...
Today, most IARs still work for massive firms like Morgan Stanley (MS), JPMorgan Chase & Co (JPM), or Merrill, a division of Bank of America (BAC). The latter alone employs 19,000 advisers and manages about $3.5 trillion in AUM.5 ...
JPMJPMORGAN CHASE & CO.245.33+3.40+1.41% “It’s a board decision,” Dimon said. “It’s discussed at every board meeting with and without me present. More than half of my senior direct reports are women and there are men and women on the operating committee who can run the company ...
If that winds up being the case, it supports economic growth and consumer confidence... which, at the end of the day, is what really counts. And it's what will help drive stock prices higher, too. This all supports my colleague Steve Sjuggerud's Melt Up thesis. Easy money policies w...
equity value in the past five years. The IMF concluded that Deutsche Bank posed a greater threat to global financial stability than any other bank as a result of these interconnections – and that was when its market capitalization was tens of billions of dollars larger than it is ...
AsInvestorPlacecontributor Faizan Farooque pointed out earlier this week,PayPal’s impressive growth is buoyed by more than 350 million peoplerelying on the company’s financial services.Bank of America(NYSE:BAC) andJP Morgan Chase(NYSE:JPM) can only imagine with envy what that looks like. And ...
What Is the Meaning of Dow in the Stock Market? The Dow Jones Industrial Average, or the Dow for short, is one way ofmeasuring the stock market's overall direction. It includes the prices of 30 of the most actively traded stocks. When the Dow goes up, it is consideredbullish, and mos...