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Featured Advisor



Ed Meek
CEO/Investment Advisor

Edge Portfolio Management

City:Winfield

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, playing and following basketball, playing golf, and participating as an advisory board member for Breakthrough Urban Ministries.

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Speculators Drive Yen to Post-WWII Highs

The value of the yen against the dollar has risen to highs not seen since the end of World War II and reached a peak of 78.70 per U.S. dollar, Bloomberg.com said today.

Speculators are driving the increase in the believe that Japanese insurance companies will have to sell off its foreign investments to pay for claims resulting from last Friday’s 9.0 magnitude quake and tsunami, Bloomberg said.

News of the rising yen, which hurts the competitiveness of Japanese exports, precedes today’s meeting of the Group of Seven industrialized nations. The G7 is scheduled to discuss ways to calm market reactions to the devastation in Japan.