Hints and tips:
...A spokesman said most of the staff worked for Dain Rauscher, a Minneapolis-based brokerage Royal Bank of Canada acquired in 2001 and added that the firm this year hired 140 people in US fixed income....
...Philip Dow, director of equity strategy at RBC Dain Rauscher, believes stocks will continue to push higher next week....
...Philip Dow, director of equity strategy at RBC Dain Rauscher, said the jittery trading was mostly attributable to the lack of economic data on the horizon. “It’s a doldrum period....
...Philip Dow, director of equity strategy at RBC Dain Rauscher, said markets were still slightly nervous going into the second quarter earnings season....
...However, the stock market was not moved, said Phil Dow, director of equity strategy at RBC Dain Rauscher....
...Investors believe the trend for the US economy is positive, with the earnings season and GDP expectations verifying their assumptions, said Philip Dow, director of equity strategy at RBC Dain Rauscher....
...“Everything is dominated by oil and people are focusing on it as if nothing good can happen,” said Philip Dow, director of equity strategy at RBC Dain Rauscher....
...Philip Dow, director of equity strategy at RBC Dain Rauscher, said worries about inflation had distracted investors from signs pointing to underlying strength in the US economy....
...Phil Dow, director of equity strategy at RBC Dain Rauscher, said there was some scepticism about whether the market could continue its recent rally....
...Philip Dow, director of equity strategy at RBC Dain Rauscher, said the lack of direction in the stock market was surprising given the generally upbeat tone of economic and corporate news this earnings season...
...“It’s a volatile and hugely psychologically driven market right now,” says Philip Dow, director of equity strategy at RBC Dain Rauscher....
...Philip Dow, director of equity strategy at RBC Dain Rauscher, said the market’s lacklustre performance was surprising given recent upward revisions to estimates for key economic indicators such as gross...
...Philip Dow, director of equity strategy at RBC Dain Rauscher, says that, for investors, dividend-paying companies are a good way to generate real cash returns in today’s uncertain investment climate....
...Phil Dow, the director of equity strategy at RBC Dain Rauscher, dismissed concerns about a too strong economy in the near term and said high quality companies that pay a dividend “haven't really done anything...
...Vincent Boberski, managing director of fixed income research at RBC Dain Rauscher, says banks and brokerages including Citigroup and American Express as well as utility companies are among the worst offenders...
...Phil Dow, director of equity strategy at RBC Dain Rauscher, noted that US corporations outside the financial and agriculture sectors have the most cash on balance sheets since 1959 as a percentage of gross...
...Phil Dow, director of equity strategy at RBC Dain Rauscher, said the data were “really disappointing” and noted that the US central bank had been “spectacularly wrong” on all the dimensions of its guidance...
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