Thorndike, who manages the fund with Ben Inker, says the fund has about 60% of its assets parked in stocks and 40% in bonds. Right now, it's biased toward quality and value stocks, both in U.S. and non-U.S. stocks, and overweight Japan, emerging markets excluding China, and intermediate-term bonds.

Economic commentary, published Tuesday by veteran Wall Street strategist David Rosenberg, highlights the “historic divide between household assessments of the economy, labor income and personal income,

However, some companies are unlikely to resort to stock splits, no matter how expensive their shares are. Two examples along those lines are Berkshire Hathaway ( BRK.A 0.82%) ( BRK.B 0.80%) and Booking Holdings ( BKNG 0.57%). Let's see why these stocks likely won't split anytime soon, and why investors should consider buying them anyway.

OLMA stock surged 197% after Roche’s SERD breakthrough, signaling investor conviction in the future of ER-positive breast cancer therapies.

The first rule taught in investing/valuation classes is that “the stock market” is a discounting mechanism and is typically ahead of major market bottoms and tops.

Nifty50 and BSE Sensex, the Indian equity benchmark indices, rallied strongly in trade on Thursday nearing their lifetime highs. While Nifty50 went above 26,200, BSE Sensex was up over 500 points.

Equal distribution of the $62.8 trillion U.S. stock market would give each American $190,300 in wealth vs. $3,800 for bottom 50% and $9.5M for top 1% today.

Middle-income Americans are entering the stock market at unprecedented rates, with more than half of those earning $30,000-$80,000 now holding investment accounts.