March 2003

A Who’s Who of Independent Research

In the wake of the “global settlement” — the April 2003 agreement among 10 investment banking firms and the Securities and Exchange Commission — brokers, advisors and investors soon will find lots more independent research reports on their desks.

Early Harvest Bountiful for Investors

In the early summber of 2003, investors were seeing something they hadn’t for a very long time: stock market gains. Changes in the tax laws regarding capital gains, and a desire not to repeat the past leads to that most uncommon of Wall Street cries: Se

Investors can be sooo predictable

Think the markets are rational? Think again. The burgeoning field of behavioral finance is debunking several myths about how investors behave and what this means for equities.

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