![]() THOMAS EK PH.D.
Vice President
Scarborough, ME 800-851-8845 Tom Ek is an experienced financial professional who has been with Fisher Investments for the past 12 years and works with clients in the New York/Northeast region. Tom’s nearly two decades of industry experience equip him to help prospective clients make informed decisions about their long-term portfolio management needs. Prior to joining Fisher Investments, Tom was a financial advisor with the New England Financial Group in Baltimore, Maryland, working with affluent individuals for seven years. He focused on developing comprehensive programs including insurance, investing, long-term health care and estate planning. Thomas was regularly a top performer and was frequently called upon to teach new financial representatives about company products, procedures, and services, both at the local and national levels. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
It’s 1992 All Over Again for David Cameron’s ConservativesMarketMinder's View: An excellent recounting of the fact the election of John Major in 1992, which gave the Conservatives a slightly bigger edge than they now enjoy after winning a slim ... See More >> majority in yesterday’s general election, did not bring a hyperactive legislature. The Conservatives’ win yesterday may give them an edge, but it isn’t carte blanche to push whatever legislation they want. Stocks should be fine with the result, in Britain and beyond. << See Less 9 May Documents Distributed by Greece’s Yanis Varoufakis Baffle Eurozone OfficialsMarketMinder's View: Here is your daily Greece update, and it does not seem a deal is particularly close. Greek Finance Minister Yanis Varoufakis presented his colleagues with a 36-page ... See More >> “blueprint” for Greek economic reform that begins by asking them to “visualize” a Greek recovery and designs a bad bank to isolate bad loans with no discussion of where said bad bank will get funding. One unnamed official said, “‘There is hardly any connection... << See Less 9 May Payrolls in U.S. Rose 223,000 in April, Unemployment FallsMarketMinder's View: The job market Job growth reaccelerated in April, with payrolls rising by 223,000 after March’s slower-than-initially thought 85,000. The unemployment rate fell to 5.4% ... See More >> and the U6 rate—a measure including discouraged workers (those who say they want work but aren’t looking because they don’t think there are jobs) and underemployed people—fell to 10.8%. While that latter might seem high, please note that it has only existed since 1994... << See Less 9 May Stock Market 101: Teaching the Wrong LessonsMarketMinder's View: We completely agree a stock market competition based on trying to outperform every other investor in class over a short-term period using leverage and concentrated ... See More >> positions teaches the wrong lessons, but it is worse than just that. These games teach folks to eschew asset allocation and focus on individual stock picking, the least impactful part of investing. Yes, this is just a game. But it’s a game that all too often reflects actual behavioral errors in... << See Less 9 May David Cameron’s Next Big Battle – the EU Referendum and a Possible BrexitMarketMinder's View: The Conservative Party surprised pollsters worldwide last night, winning a majority in Britain’s House of Commons as the Scottish National Party swept Scotland, ... See More >> opposition Labour lost seats throughout the Northeast and even in Wales, former coalition partner the Liberal Democrats were all but swept away, and several bigtime pols were voted out. Yet the Conservatives’ majority is razor thin, and the backbenchers lack unity on several key issues, so... << See Less 8 May Investor Confusion About Fiduciary Duty Not Likely to Be Resolved by Proposed DOL RuleMarketMinder's View: According to a new survey, around 80% of investors believe the investment professional they work with is acting in their best interests—whether that individual is a ... See More >> registered investment adviser subject to a fiduciary standard or a broker, who isn’t. This is telling in two ways. One, it suggests investors don’t pay much attention to which regulatory standard their broker/adviser follows. Two, it suggests folks may not be digging deep enough to... << See Less 8 May Why You Need To Care About The German Bond RoutMarketMinder's View: This argues an about face in German bonds over the last week is the “crucial tell” for all other markets globally because German bunds are the “safest of all,” making ... See More >> them the risk-free reference rate off which all other assets are priced. And sorry, but we just don’t see it, and not just because default risk isn’t quantifiable and no asset is truly “safe.” You see, all similarly liquid markets discount information... << See Less 8 May New and Improved Trade Agreements?MarketMinder's View: Setting aside this piece’s political and sociological aspects, it is a fairly good look at how free trade benefits all participants—and can, despite widespread belief ... See More >> otherwise, improve labor markets: “The late 1990s offer a good illustration of how trade theory works in the real world. The volume of trade increased rapidly, owing partly to NAFTA in 1994 and the establishment in 1995 of the World Trade Organization as the successor to the... << See Less 8 May Will Oil Prices Keep Rising? Signs Say YesMarketMinder's View: The purported sign is a strengthening eurozone economy, which, everything else being equal, would spur global energy demand, contributing to higher prices. The thing is, ... See More >> everything else isn’t equal. Global oil supply continues to outstrip demand growth, and this has contributed more toward the sharp decline in the price of oil over the last year than a weak eurozone economy. Still, oil could possibly head higher over the near term as markets are inherently... << See Less 8 May 5 Things to Watch in the April Jobs ReportMarketMinder's View: Here are five comments about those five things to watch. 1) This claims tomorrow’s jobs report will shine light on whether Q1’s 0.2% GDP growth was an anomaly or the ... See More >> start of a weakening trend. Problem is, employment data are backward-looking and don’t predict future economic trends. April’s job numbers will reflect the economic environment of the past few months. 2) Actually, “stagnant” wages aren’t such a mystery, even... << See Less 8 May
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