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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 20, 1994
Page
28
The EAFE International Fund surged 33 percent last year, outperforming the Dow Jones up 16.9 percent and the S&P 500 up 10 percent. Commentary notes the Dow's overvaluation risk and warns beginners to buy during recessions while highlighting automates security stocks as growth areas.
A Washington Post poll of Fortune 1000 press and VP respondents shows 32 percent read sports first in papers, 21 percent read lifestyle, and 71 percent say lifestyle stories influenced business decisions while 61 percent cited sports. Only 49 percent watched Clinton's State of the Union versus 78 percent for Michael Jordan's retirement.
George C. Ford notes pundits predicted a collapse in the life insurance sector in December 1990. Ericson, president of Northwestern Mutual, says the industry was strong, better regulated than S and Ls or banks, though not as competitive as it should be. He warns against fear driven federal intervention, cites consolidation pace, and discusses rising market share, recruitment challenges, and retention in a tougher sales environment.
In La Loggia's Special Situation Report, timely advice highlights an industrywide takeover trend in its early stages within the hospital and health care sector as a profitable focus for investors.
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