In a November 25, 2019 interview, Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania, offered this perspective on the equity markets: “I'd say we're at fair market value now.” He went on to list a number of factors, including historically low interest rates and low inflation, persuading him that stocks are still fairly valued. Remember that at that time, the Dow Jones Industrial Average (DJIA) was at nearly 28,000 and the S&P 500 Index registered just over 3,100. At this writing, the DJIA is at almost 29,000 and the S&P 500 stands at just over 3,300.
Over the last several years, women have made major strides in the workplace, including corporate America. Female CEOs and women in other important leadership positions are more common now than ever before in history. And yet, women continue to fall behind their male counterparts in measures of income and in retirement savings.
On Friday, January 31, major market indexes slumped on fears around the coronavirus epidemic, reviving concerns in many quarters about its potential effects on world financial markets and prompting calming messages from Chinese authorities and elsewhere.
On January 23, the Fair Isaac Corporation announced the pending release of its new scoring system, FICO® Score 10 Suite.
Many extremely wealthy people have a much better handle than others on a key concept of success: the long game.