Recent News
Joe Gordon and Todd Misenheimer Recent Press Quotes
CNBC.com 8/5/2010
Managing partner of Gordon Asset Management Joe Gordon explains the importance of job creation in supporting the overall market recovery. Without an increase in employment numbers, “you can’t get consumer confidence up and spending up.” says Gordon. He cautions that a continued downward trend in employment numbers will cause investors to remain cautious in the markets, therefore, further stunting recovery.
Kiplinger 8/5/2010
Joe Gordon, Gordon Asset Management managing partner, speaks with reporter Stephen Bernard about market reaction to economic indicator reports. Gordon emphasizes the importance of job creation in strengthening investor confidence in the market and notes that without an improvement in employment numbers, investors will remain very cautious.
MSN Money 8/5/2010
Gordon Asset Management managing partner Joe Gordon shares his insight with MSN Money readers regarding the correlation between economic indicators and investor perception of the economic recovery. To highlight the relationship, Gordon says, “Without job creation, you can’t get consumer confidence up and spending up.” He emphasizes how improved employment numbers will help ease consumer uncertainty.
Forbes 8/5/2010
Reporter Stephen Bernard consults Joe Gordon, managing partner of Gordon Asset Management, regarding the economy’s emphasis on employment numbers signaling recovery. Gordon notes people are very cautious as they navigate the current market environment and emphasizes consumer confidence and spending are hinged on job recovery.
Business Week 8/5/2010
Managing partner of Gordon Asset Management Joe Gordon addresses concerns with various economic indicators and conditions as the market struggles to recover. Gordon emphasizes the importance of job creation, which, he predicts, will contribute to a rise in consumer confidence and consumer spending. However, he notes until more jobs are secured, investors will remain cautious.
Joe Gordon and Todd Misenheimer Press Quotes
Fiduciary News 8/12/2010
Fiduciary News reporter Chris Carosa consults Gordon Asset Management managing partner Joe Gordon for his perspective on the Securities and Exchange Commission’s 12b-1 fee debate. Gordon notes the fees have “outlived [their] usefulness.” He asserts it is unnecessary for fund companies to charge 12b-1 fees, and if the fees were indeed disclosed, investors would be more cautious of purchasing mutual funds.
TheStreet.com 8/5/2010
Reporter Stephen Bernard cites Joe Gordon, managing partner of Gordon Asset Management, in his article discussing market trends. Gordon comments on certain economic aspects that are hindering market recovery and consumer confidence. He notes investors are wary of engaging in market activity and emphasizes the vital role of job creation in amending investors’ current cautious behavior.
Associated Press 8/5/2010
Gordon Asset Management’s managing partner Joe Gordon discusses the overall market recovery with Associated Press reporter Stephen Bernard. Noting the steady focus on employment numbers, Gordon comments, “Without job creation, you can’t get consumer confidence up and spending up.” He goes on to emphasize consumer and investor caution as they move forward.
Employee Benefit News 8/1/2010
Joe Gordon, managing partner of Gordon Asset Management is cited in Andrea Davis’ Employee Benefit News article detailing the impact of potential legislative reforms restricting the use of swaps. Gordon discusses swaps, clearly defining them and outlining their use in financial planning. He explains, “A swap is a contract between two parties, a buyer and a seller, where the buyer pays a series of payments—generally quarterly—to the seller in exchange for a payoff if the property they’re buying, generally a bond or a loan, goes into default.”