<i>Breakfast with Benjamin:</i> The chairwoman of the Federal Reserve called equity valuations 'quite high,' bond yields low and said the combination raises 'potential dangers.' Her comments roiled markets.
Euro Pacific Capital CEO and chief strategist says economy is not recovering and central bank will only hike rates when 'market forces its hand.'
Strong market rally and mixed jobs report adds fresh fuel to the debate over when the Fed might institute the first rate hike since 2006. <i>(See also: <a href="//www.investmentnews.com/article/20150506/FREE/150509951/forget-a-rate-hike-ndash-peter-schiff-expects-more-quantitative"" target=""_blank"" rel="noopener noreferrer">Schiff: Forget rate hike, look for QE4</a>)</i>
Hedging out rate risk puts the focus on credit opportunities ... and manager sees plenty of them ahead.
<i>Breakfast with Benjamin:</i> Over the last 12 months, investors pumped more money into ETFs than mutual funds for the first time ever.
<i>Breakfast with Benjamin</i>: Warren Buffett rejects analysts' criticism of Berkshire Hathaway's financials. Plus: Family Dollar's lesson in luck, small-cap stocks at odds with jobs data, and Alan Greenspan on Greece exiting the euro.
Limits of diversity, wisdom of taking profits and importance of rebalancing are top lessons learned from bursting of the dotcom bubble 15 years ago.
<i>Breakfast with Benjamin</i>: The solid housing market stands in contrast to the dismal first quarter GDP numbers.
New multialternative fund seen as endorsement of alts, while pressuring fees
<i>Breakfast with Benjamin</i>: Retail brokerages are shut out of the SEC's advisory committee for market reforms to protect retail investors.
