Investors face reality in stock market hopes and bets
A financial column notes that investors chase big gains with high risk and unreal expectations. It cites the S P 500 annualized 11.7 percent since 1945, compares returns of small caps, gold, art, and T bills, and warns that after fees taxes and inflation real gains shrink to about 2.5 percent. It highlights Peter Lynch and notable founders as rare successes while urging caution against outsized goals.
MENTIONED IN THIS ARTICLE
Standard & Poor
Treasury
S&p
Gerald Perritt
Perritt
Peter Lynch
Lynch
Fidelity Management Fund
Babe Ruth
McDonald’s
Automatic Data Processing
H&r Block
Uncle Sam
Market wrapup tease for Saturday Journal-World
Watch for the complete stock quotes and market wrapup in Saturday Journal-World as readers get full details on gains losses and notable moves across major indices and leading equities. The feature will cover closing levels key drivers and notable stock performances with expert insights.
MENTIONED IN THIS ARTICLE
Journal-World
Commodity and livestock quotes from Midland and Midwest markets
Regional price notes include Midland Elevator values for wheat corn milo and soybeans. Omaha market reports show hogs at 41.00 42.00 for 1-3 weights with gains up to 1.00, cattle and calves and sheep not quoted. St Joseph reports higher hogs with 40.00-41.00 for 1-3 230-270 lb and 39.00-40.00 for 270-290 lb, lower sow prices. Dodge City feedlot sales describe slower trade with steers 70.50-71.00 and heifers 70.50-71.00, 1000-1300 lb ranges and 68.50 for heiferettes.
MENTIONED IN THIS ARTICLE
Midland
Lawrence
Omaha Livestock Omaha
NEB
USDA
Omaha
U.S
St. Joseph, Mo
Dodge City
Kansas
Energy prices ease keep inflation cool in November
Washington reports show the Producer Price Index was unchanged for November as plunging energy costs offset higher food and new car prices. The year to date PPI rose 0.4 percent, while unemployment claims rose 13,000 to 335,000, signaling mixed labor market progress.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Time Machine moves up with new greeting card licensing edge
The Time Machine Inc, a 15 month old firm, has sold national distribution rights to its A Gift of Time greeting card line to Dallas firms All My Story Books and D&K Enterprises. The firm aims to counter Hallmark and Sprint’s test market push by leveraging a pending patent on its greeting card calling card concept.
MENTIONED IN THIS ARTICLE
Hallmark Cards Inc
Time Machine Inc
Dallas
All My Story Books
D&k Enterprises Inc
Nancy Crisp
Time Machine
Hallmark
Sprint Corp
Crisp
Kansas City
Concards
Xerox Plans Major Job Cuts and Factory Closures
Xerox Corp will slash more than 10 000 jobs and close some factories and service centers, about 10 percent of worldwide staff, in the largest restructuring in its history to cut costs and boost output. U S Surgical also forges ahead with cuts and plant consolidations, planning a 125 million fourth quarter charge. Bond underwriters back self imposed political contribution bans amid influence peddling concerns. Paper recycling grows as industry predicts half of US paper will be recycled by 2000 with nearly 10 billion dollars in new equipment investments.
MENTIONED IN THIS ARTICLE
Xerox Corp
Xerox
U.S. Surgical Corp
U.S. Surgical
New York
Securities and Exchange
Arthur Levitt Jr
American Forest & Paper Assn
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