New this week at WealthManagerWeb.com
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Ever Hopeful
As we emerge from a challenging economic crisis, there is reason to hope that changes we will see in this new decade will be good ones…
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Forecast for Municipal Debt |
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While tax-free municipal debt issuance won't match 2008 levels, it will be higher, and taxable muni issuance will sharply rise in 2010, according to a forecast from SIFMA…
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Senate Passes Healthcare Reform 60-39 |
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The Senate passed historic healthcare legislation–the Patient Protection and Affordable Care Act–by a 60-39 vote on Christmas Eve, the first Senate vote on the "day before Christmas in more than a century."…
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Can a Roadmap Help Wealth Managers? |
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Sometimes, even when you know how to do something, a constructive comment from a keen observer can remind you how to do it more efficiently, more easily or productively…
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Blog: Managing the Risk
Read Andrew McElwee's newest blog post in Managing the Risk, where he explores the sometimes unusual risks of wealthy clients.
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Shop Talk
A luxury car parked in a mall lot is temptation enough for opportunistic crooks. Yet many overloaded shoppers in the midst of an all-day outing will make matters worse by using their car's backseat to store purchases…
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Also at WealthManagerWeb.com
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All Select Sector SPDRs: Weekly Flows
Source: Select Sector SPDRs
Select Sector SPDRs summary for the short holiday week ended December 24:
The S&P 500 was up 2.18% for the short week; it's up 24.71% year-to-date.
Sector SPDR assets were up, too, by $1.4 billion, or 4.74% for the week.
Shares of Sector SPDRs increased by 45,100,000, or 3.81% shares for the abbreviated week.
Volume was "holiday slow," with 308 million Sector SPDR shares trading last week.
Materials (XLB), up 4.44%, was the best-performing sector, while Utilities (XLU), up 0.41%, was the worst-performing sector.
Sector SPDRs went x-dividend on 12/18.
For more weekly net flows charts for Select Sector SPDRs please
click here.
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