Martin Feldstein: A Hype-Free Way to Help Low-Wage Workers + MORE Dec 13th

In case you missed some posts in my series What’s In Your Portfolio, here’s a recap what some savvy investors have kindly shared with me over the last couple of weeks:
Larry MacDonald’s portfolio
The Passive Income Earner portfolio 
Dividend Ninja portfolio 
Big Cajun Man portfolio
The Dividend Guy portfolio
Hopefully before Christmas I’ll get a chance to share a few more investor profiles including ones from Kyle Prevost and Robb Engen so stay tuned for those.
Enjoy this Weekend Reading list and good luck with any Christmas shopping.  Tick-Tock…Tick-Tock…
The second installment of Rob Carrick’s Guide to the Best ETFs can be found here, where Rob shares his favourite TSX-listed ETF covering the U.S. stock market.
You can pre-order Preet Banerjee’s new book here, and get it for just $10.  I’m looking forward to reading Stop Over-Thinking Your Money!
Here is an article that discusses the rationale behind company stock splits.  Recently, National Bank and TD Bank announced 2-for-1 splits (thanks)…

A new survey of Chartered Financial Analysts, the CFA Institute 2014 Global Market Sentiment Survey, predicts that the coming year will be a good one for the global economy. Sixty-three percent of respondents expect the world’s economy to expand, up from 40% last year. However, the panel wasn’t so rosy on Canada’s fortunes: only 47% of members here expect our economy to grow.
The best regions for investors in the new year, according to the survey, are the United States and China. Brazil fared well in previous years, but no longer makes the list.
The big concerns for the coming year are the end of quantitative easing, which could have a negative impact on local markets, as well as a lack of investor trust in the financial system. In Canada, misselling—a salesperson misrepresenting products or services to investors—is a top concern.
 
 
The post Global economy set to rise—Canada, not so much appeared first on MoneySense.

Shares of Aramark Holdings Corp. rose Thursday after the seller of food and drinks at stadiums, hospitals and corporate offices raised $725 million in its initial public offering.
The Philadelphia company priced 36.25 million shares at $20 per share, the low end of its expected range of $20 to $23.
Shares rose $2.70, or 13.5 per cent, to close at $22.70, while the broader markets declined.
Aramark sold 28 million shares and plans to use the proceeds to pay down debt. Selling shareholders sold the remaining 8.3 million shares.
The company, with roughly 267,000 employees, runs concession stands at Soldier Field, home to the Chicago Bears, and provides services for aircraft maker Airbus at its U.K. offices.
Shares are listed on the New York Stock Exchange under the symbol “ARMK.”
The post Shares of cafeteria and concession stand operator Aramark Holding rises in stock market debut appeared first on Canadian Business.

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Hilton Worldwide Holdings Inc., up $1.50 to $21.50
The global hotelier returned to public markets with a record-breaking IPO for the hotel industry.
Iamgold Corp., down 42 cents to $3.42
With gold prices falling, the miner suspends its dividend to conserve cash.
SunEdison Inc., down $1.43 to $11.47
The solar technology company lowers its fourth-quarter outlook, citing soft demand and ongoing market weakness.
Aramark Holdings Corp., up $2.70 to $22.70
The Philadelphia food service and facilities management operator makes a big entrance as a publicly traded at $20 per share.
Nasdaq
Facebook Inc., up $2.45 to $51.83
The social networking website is joining the Standard & Poor’s 500 stock index.
Lululemon Athletica Inc., down $7.96 to $60.39
The yoga retailer trimmed its outlook for the year, noting that customer traffic in stores slowed in November…

Minimum-wage hikes are job killers. Better to integrate earnings at the current rate with welfare payments.