Jonathon Fite: Momentum investing reigns (for now)

Last month this column briefly referenced that today's tech boom companies, in comparison with traditional "value plays," are more expensive than they were during the peak of the dot-com boom. This is a pretty bold claim and warrants further discussion. 

Bank of America's investment management arm, Merrill Lynch, publishes a periodic review of U.S. growth stocks versus the universe of value stocks in the marketplace. 

Growth stocks tend to be characterized by companies with strong revenue growth, even if profits are thin or nonexistent. In today's market, investors have bid these companies up to nosebleed...

San Antonio-area region tops the 1 million jobs mark

Fri, May 20, 2016 - 9:47pm

by Lynn Brezosky

As the San Antonio metro region grows in population, so, too, does its payroll. Last month, the number of jobs in the San Antonio-New Braunfels region surpassed the 1 million mark for the first time.

“This is a significant economic milestone for the Alamo region,” Gail Hathaway, executive director of Workforce Solutions Alamo, said Friday in a news release reporting April job numbers.

Regional employment reached 1,001,700 jobs, a 37 percent increase from the 733,200 reported in January 2000. When seasonally adjusted for typical swings caused by factors such as weather-related slowdowns, the...