Following today's news of the UK's 'yes' vote to leave the EU, we recommend the following article from our partner, Dimensional Fund Advisors, for some additional context on the situation. Also please see today's post, An Update to CCM Clients: Market Conditions due to Brexit, by CCM Director of Investments & Research, Adam Hoffmann. *** UK’s EU Referendum Result On June 23, citizens of the United Kingdom voted to leave the European Union. While there has been much speculation leading ... [Continue Reading]
Dimensional Fund Advisors
Articles and resources related to Dimensional Fund Advisors.
This week's Recommended Reading is from Yahoo! Finance and discusses how the simple reorganization of the Russell Indexes may cause the price of Apple’s stock to decline over the next week. Shares of world’s largest company by market cap, already down more than 8% this year, may fall further as index fund managers are forced to sell roughly $1.3 billion of the stock at Friday’s market close in order to reflect upcoming changes in one of the most widely tracked stock benchmarks. The driver of ... [Continue Reading]