Suggestions(1)
Exact(12)
(The firm had only one negative year: 2008).
If a negative year is followed by a positive year, managers do not receive compensation until the fund has recouped the losses from the bad year.
The yield on the 10-year Treasury could increase more than a full percentage point, which would be its biggest annual rise since 1999, the last negative year for the bond market over all.
This has not been an unreservedly negative year at the World Economic Forum, the annual gathering of business and economic leaders at this ski resort, even if Klaus Schwab, the major-domo of the event, did feel called upon to try to cheer up attendees at the forum's formal opening.
Bonds could even have a negative year, he warned, if the economy is a little stronger than expected and the Federal Reserve raises its benchmark short-term interest rate sooner than the second half of the year and more than the expected half a percentage point.
Not a single negative year.
Similar(48)
WPI inflation was in fact negative year-on-year in June and July last year, and below 2% for every month between March and September.
The market leader, Covad Communications, which serves 96 markets and plans to expand to 70 more by year-end, is trading near its 52-week low, closing Friday at $15.06 for a negative year-to-date return of 59.6percentt.
Even the NorthPoint Communications Group, in which Verizon Communications, the phone giant, is acquiring a controlling interest, has had a negative year-to-date return of 51.6percentt, closing on Friday at $11.63 and offering further evidence that investors remain sour on these stocks.
"I'd like to take a counselling course, so I can use the the negative years for some good," he says.
"By not losing a lot of money in the really negative years, you don't have to take a lot of risk to make the portfolio whole again," said Ray Mignone, a fee-only financial planner in Little Neck, N.Y.
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