Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Genworth Financial
So what: Shinesrooms.com, which describes itself as "the ultimate trading environment for investors," issued a press release offering free research on Genworth and MetLife
Now what: The press release went on to state that Genworth's and MetLife's "Life Insurance businesses in particular may have been negatively affected by persisting low interest rates in the United States and a weak economy." It highlighted the companies' dependence on government bonds for earnings and noted those bonds are "being viewed as increasingly risky and unreliable." The press release makes a valid point, but it isn't new news.
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