Information posted on the FDIC website brings the total of bank failures for 2010 to seven. On Friday, January 21, 2010, the FDIC shuttered four additional financial institutions including the Bank of Asheville in Asheville, NC, United Western Bank in Denver, CO, CommunitySouth Bank and Trust in Easley, SC, and Enterprise Banking Company in McDonough, [...]
Financial mutual funds and other equity funds that invest heavily in financial instutions could endure the volatility that comes with increased investor anxiety in the weeks to come. It makes sense for investors to worry since the FDIC just announced on Friday January 7, 2011 the closure of the first two banks of 2011. Whenever [...]
If nothing else, the one thing we hope to have to demonstrated about mutual funds as a whole is that they are not only unique in how they read and surf the waves of the market. And one of the trends we have discovered in many of the different mutual funds explored here at the [...]
