IMCA delivers a twice-monthly electronic newsletter to all IMCA members. IMCA news, conference and designation alerts, and membership information all are summarized for your convenience. Below you will find headlines from the current issue and links to past issues of IMCA's eNews. Click here to view the current issue online.

Commodities and stocks surprisingly in sync
By Darla Mercado

“The sense I'm getting is that it wasn't so unexpected to see a spike in correlation during the crisis,” said Kathryn Young, a commodities fund analyst at Morningstar Inc. “What's unexpected is how long that correlation has lasted and how long it has been persisting.”Continue reading… 

Bullish on bullion: gold's best month's are just ahead
By Frank Holmes

Global economic conditions are now favorable for gold as a safe-haven investment. The U.S., Western Europe and Japan are close to buckling under the weight of their sovereign debt loads, government budget deficits remain large and persistent and, as a result, faith in major paper currencies is low. On top of this, China – the world’s No. 1 gold producer and No. 2 gold consumer – is encouraging gold investing by its rapidly growing middle class, and will likely have to increase imports to meet this new demand. Continue Reading...

A sweet buy: Hershey options
By Bloomberg

Sachin Shah, a merger arbitrage specialist at the broker- dealer, recommended buying 10,000 Hershey shares along with 100 January $43 puts and 100 January $49 calls in a strangle trade. Hershey rose 0.7 percent to $46.35 at 4 p.m. New York time, extending its 2010 gain to 30 percent. That compares with the Standard & Poor’s 500 Index’s 3.2 percent drop since Dec. 31.
“There’s a strong possibility that Nestle is interested in acquiring Hershey,” Shah, who is based in New York, wrote in an Aug. 11 report. “Hershey will have to merge with a peer to effectively confront the growing competitive landscape.” Continue Reading...

Originally published August 17, 2010. Displayed with Permission of InvestmentNews. Copyright Crain Communications Inc.

eNews Archives - past issues

August 3, 2010--Next CPWA Program Deadline Extended to Sept 2
July 22, 2010--Do not miss the CPWA(R) enrollment deadline!
July 7, 2010--Win a Free Registration for the IMCA 2011 Annual Conference in Las Vegas!
June 23, 2010--Advanced Wealth Management Conference Registration Now Open!
June 10, 2010--Don't Miss the Best of Wharton. Early-Bird Deadline Ends Next Week!
May 25, 2010--IMCA 2010 Annual Conference Makes Headlines
May 5, 2010--Advisors Should Consider Impact of Client Behavior
April 21, 2010--Learn Risk Management Strategies for Any Market Condition
April 7, 2010--IMCA Annual Conference Early-Bird Registration Deadline Fast Approaching
March 16, 2010--Don't Miss this Week's Broadcast on Ethical Decision-Making
March 2, 2010--Revamped Member Benefit Provides Access to Premier Content
February 17, 2010--Advanced CIMA Workshop Now Open for Registration
February 2, 2010--Serve your Clients at the Next Level with the CPWA Designation
January 19, 2010--New York Consultants Conference Makes Headlines
January 5, 2010--Transaction Tax Would Take Big Bite Out of Fund Returns
December 15, 2009--Register Now for CE Opportunities Throughout 2010
December 2, 2009--IMCA Announces New Board Leadership
November 18, 2009--A Rosy Quarter for Assets Under Management
November 3, 2009--Update on the Investor Protection Act of 2009
October 21, 2009--Finra Goes After Trading Tax Dodges
October 6, 2009--Fall Professional Development Conference Makes Headlines
September 15, 2009--Learn How Regulatory Reform Efforts May Impact You
September 1, 2009--CIMA Certification Featured in New York Times