During her congressional testimony on Nov. 4, Federal Reserve Chairperson Janet Yellen suggested a December rate hike is likely following the release of a strong jobs report earlier in the week. Noting that recent economic strength brings the threat of inflation back into the equation, Yellen qualified her remarks by… Read More
Jim Pearce is the Chief Investment Strategist of Personal Finance, our flagship publication, and serves as Director of the Investing Daily Wealth Society. He is also the Director of Research at Investing Daily, overseeing the work of our entire analyst team. He began his career as a stockbroker in 1983 and over the years has managed client investment portfolios for major banks, brokerage firms and investment advisors. Jim has a BA in Business Management from The College of William & Mary, and a CFP from the College for Financial Planning.
[from today’s edition of Smart Tech 50 Weekly Movers]Dyax Corp. (DYAX) received a $5.9 billion dollar buyout offer from Shire Pharmaceuticals. The stock, early on Monday morning (11/2/15) was trading above $36 per share, a nearly 33% premium over the 10/30/15 closing price. We recommend sale of the shares for… Read More