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Here are two things investors should do during market volatility

Here are two things investors should do during market volatility

Finance
Though stocks have had a bumpy ride this week, most financial professionals will advise you to leave your long-term investments alone.Yet there are certain circumstances in which you might want to act.Consider what happened this week: The Dow Jones industrial average fell 724.42 points, or 2.9 percent, to end at 23,957.89 on Thursday, its biggest decline since Feb. 8. The S&P 500 dropped to 2,643.69 following a 2.5 percent decline.The sharp drops came as President Donald Trump unveiled plans to impose new tariffs on up to $ 60 billion in Chinese imports.In addition, news of the Facebook data leak has sent the company's market value down more than $ 50 billion this week and also had an impact on technology stocks.What's more, the Federal Reserve's decision to raise rates this week may h...
Trump proposal could push health premiums up by $2K for older Americans

Trump proposal could push health premiums up by $2K for older Americans

Finance
A federal proposal to expand short-term health plans could mean older Americans with insurance through the Affordable Care Act will pay an average of $ 2,000 more in 2019 premiums, according to the AARP.The rule proposal, issued jointly by several federal agencies last month due to a 2017 directive by President Trump, would allow short-term health-care policies to span 364 days instead of the current three months.While federal officials say the intention is to provide more affordable coverage options, critics say the move — coupled with the recent elimination of a penalty for non-coverage starting in 2019 — could drive even more young and healthy consumers away from the ACA marketplace. Short-term plans come with limited coverage and are largely unavailable to people with health problems."
Watch the Fed's GDP tracker for signs stock earnings growth is about to peak

Watch the Fed's GDP tracker for signs stock earnings growth is about to peak

Finance
Weighing the good news versus the bad news issuing from the economy is one of the most critical things investors do, but human biases get in the way. That's a simple way of saying that people believe what they believe, even in the face of contradictions.We have a massive jump in stock buybacks, courtesy of the tax law that was passed last December. Corporate earnings continue to come in stronger than expected. The labor market is healthy, consumer confidence is high and investors added a record amount of money to U.S. stock funds over the past week.It's hard to envision a slowdown in global economic growth on the horizon unless we get into a trade war with China. That could happen, but the current betting on Wall Street is that cooler heads will prevail. With this good news at investors' b...
Renault-Nissan-Mitsubishi has become the world’s biggest carmaker

Renault-Nissan-Mitsubishi has become the world’s biggest carmaker

Finance
RENAULT unveiled the EZ-GO, a concept for a robotaxi, at the Geneva motor show, which opened on March 5th. Nissan, in conjunction with DeNA, a Japanese software firm, recently began trials of driverless taxis in Japan. The two companies are pursuing their own paths towards the future of mobility. Yet both are bound together in a close alliance, which celebrates its 20th anniversary next year. In 2016 they were joined by Mitsubishi. Last year the trio sold 10.6m cars between them, one in every nine worldwide.It is a unique carmaking liaison, neither a full merger nor as loose as the many tie-ups forged to spread the cost of developing pricey pieces of technology. Each firm remains autonomous but shares a growing number of links in the supply chain with the other two. It all looks hugely suc...
Beware of performance figures

Beware of performance figures

Finance
GOLFERS are familiar with the concept of a “mulligan”—the chance to retake a shot. Give an averagely talented player enough mulligans and he or she will get one close to the hole. And a version of the mulligan exists in fund management too.Readers will be familiar from past blog posts with the idea that actively managed funds cannot be relied upon to beat the index. Many of these studies are conducted in the US market, which is probably the most efficient (and thus hardest to beat) in the world. But the same is true in Europe.Get our daily newsletterUpgrade your inbox and get our Daily Dispatch and Editor's Picks.Figures from S&P Dow Jones Indices show that, over the ten years to December 2017, less than 15% of euro-denominated European equity funds beat their benchmark; for emerging m