Category: Markets

Major indices flat as the US dollar soars

U.S. equities drifted near the unchanged line Friday, recovering from deeper, early session losses to stay within the confines of an increasingly tight multi-month trading range. For two weeks now, the market has oscillated...

The Dying Business of Picking Stocks

Investors are giving up on stock picking. Pension funds, endowments, 401(k) retirement plans and retail investors are flooding into passive investment funds, which run on autopilot by tracking an index. Stock pickers, archetypes of...