For the second month in a row, equity funds took it on the chin, declining 8.97%. For the month a mere 2% of all equity and mixed-equity funds posted positive returns. Tom reports recent developments and their impact on equity funds.
After a one-month reprieve in December, equity funds were hammered once again in January (losing 7.57% of their value for the month). The DJIA and S and P 500 Index posted their worst January returns on record. Tom reviews recent developments and the... more
Equity funds experienced their sixth consecutive month of declines (losing 8.50% of their value in November), despite the Dow stringing together its strongest five-day percentage gain since 1932 in the last week of the month, rising 1,227 points or 1... more
Equity funds were hammered in October,experiencing their worst one-month return since September 1987. Domestic equity funds suffered their worst one-month decline since Lipper began tracking the group in February 1959. Tom reviews recent developments... more
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