Market Update For Week Ending 6/14/2013
|International index is MSCI EAFE index. Bond data reflect net change in yield, not price. Indices are unmanaged and you cannot directly invest in an index. |
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Wall St. Ends Lower For Day And Week On Stimulus Worries
Stocks fell on Friday to close their third negative week in four as concern lingered over whether the world's central banks will soon begin to rein in stimulus programs.
Days Of Market Volatility Put Focus On Central Banks
Recent market volatility is a sign of investor unease more than of panic. Investors see a global economy struggling to develop self-sustaining momentum, five years after a financial crisis, and are uncertain what central banks plan to do next about it.
How To Avoid An Estate Battle After You Die
It might seem that a woman who died at 104 after spending 20 years in a hospital despite being healthy enough to live in one of her three stately homes, accumulated a vast collection of dolls and preferred to communicate in French even though her father had been a United States senator would have little to teach the rest of us. But two years after the death of that woman, Huguette Clark, the last surviving daughter of William A. Clark, who made a fortune in copper mining before becoming a senator, her $300 million estate is still being disputed. And the battle over who gets it has plenty of lessons for people with far less money.
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