Archive

Filter

The end is not near. This month, the Standard & Poor’s 500-stock index hit 2,000 for the first time. Then the bull marked its 2,000th day. It now ranks fourth in terms of both length and return. All of the 10 longest bull markets have occurred since World War II, and four of the top five have been since 1974. Read More

SeaDrill Ltd. (NYSE: SDRL), a member of the Growth Portfolio in Personal Finance, has been moved to the new “Maximum Income for Retirees” portfolio. Seadrill is a leading offshore, deep-water oil driller, but it now says that its growth prospects have been reduced because of “fierce” competition in its industry. This… Read More