The recent plunge in commodity prices may lower the dividends paid to investors in oil and gas companies. Will Kennedy and Rakteem Katakey look into the situation for Bloomberg. Despite this, things may be looking up considerably in 2016 for the S&P 500, according to Jeremy Siegel. The author of Stocks for the Long Run discusses his forecast for 2016 in Advisor Perspectives. As you make your New Year’s resolutions, be sure to include one for your finances. A new study from Fidelity Investments says this actually works.

Dividends Could Be The Next Victim Of The Commodity Crunch–  Commodity prices have tumbled to the lowest since the global financial crisis. At this point, the dividends paid by the world’s largest oil producers and miners look increasingly hard to justify.  “The fall in oil companies’ share prices and the increase in the dividend yield to historical levels is signaling that the market is fearing a cut,” said Ahmed Ben Salem, oil and gas analyst at Oddo & Cie. Read more…

Jeremy Siegel’s 2016 Forecast For Stocks–  Jeremy Siegel’s book, Stocks for the Long Run is now in its fifth edition and  is widely recognized as one of the best books on investing.  He believes if we get an earnings recovery, the S&P 500 may reach 2300 by the end of 2016 (the S&P 500 closed at 2053 on December 9, 2015).  He discusses this and other financial issues in this interview.  Read more…

Yes, Financial Resolutions For The New Year Do Work–  A study just released by Fidelity Investments has discovered that making financial resolutions does, in fact, help get your fiscal house in order.  The top three financial resolutions: “saving more,” cited by 54 percent of respondents; “spending less,” with 19 percent, and “paying off debt,” with 16 percent.  All the financial pledges in the world will not mean a thing if you have no firm strategy for how to pull them off. So how do you go from resolution to actual achievement?  It comes down to forming an action plan.  Learn more in the article published by Reuters. Read more…

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John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller

Disclosure – The articles mentioned in Mid Week with Day & Ennis are for information and educational purposes only. They represent a sample of the numerous articles that the firm reads each week to stay current on financial and economic topics. The articles are linked to websites separate from the Day & Ennis website. The opinions expressed in these articles are the opinions of the author and not Day & Ennis. This is not an offer to buy or sell any security. Day & Ennis is under no obligation to update any of the information in these articles. We cannot attest to the accuracy of the data in the articles.