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Trump's tax returns show why he's a billionaire
RIA NEWS SEP 29, 2020
Trump's tax returns show why he's a billionaire

The data in the New York Times story don’t necessarily show the president's business empire is heading into crisis, even if it’s carrying sizable debts

Gundlach asks realtors in low-tax states to get in touch
RIA NEWS SEP 28, 2020
Gundlach asks realtors in low-tax states to get in touch

Doubleline Capital CEO tweets about possibly leaving his Los Angeles base amid 'incompetent governance'

Democratic sweep may be best scenario for risk markets: Credit Suisse
EQUITIES SEP 28, 2020
Democratic sweep may be best scenario for risk markets: Credit Suisse

Such a scenario could lead to greater deficit spending that would be 'massively pro-growth,' analysts say

Stocks see third-largest outflow ever
RIA NEWS SEP 25, 2020
Stocks see third-largest outflow ever

Stock funds bled $25.8 billion in the week through Sept. 23, according to the most recent data

Fed president Bullard says US delivered enough fiscal aid
RIA NEWS SEP 22, 2020
Fed president Bullard says US delivered enough fiscal aid

The view clashes with Fed Chair Jerome Powell, who has urged additional support — sometimes in dire terms

Goldman Sachs names new heads of global M&A
PRACTICE MANAGEMENT SEP 21, 2020
Goldman Sachs names new heads of global M&A

Although deal activity has crept up since July, volumes are down almost 40% globally so far this year

Even Fidelity's star manager frets about Robinhood
MUTUAL FUNDS SEP 18, 2020
Even Fidelity's star manager frets about Robinhood

Will Danoff, who manages $230 billion for the fund giant, notes that mutual funds have become less popular with investors

Fed signals rates to remain near zero for at least three years
REGULATION, LEGAL & COMPLIANCE SEP 16, 2020
Fed signals rates to remain near zero for at least three years

The central bank said again that it will continue buying Treasuries and mortgage-backed securities 'at least at the current pace'

JPMorgan says $200 billion could exit stocks this quarter
EQUITIES SEP 16, 2020
JPMorgan says $200 billion could exit stocks this quarter

Sovereign wealth funds and pension funds are likely to rebalance their portfolios after the equity market's big run-up

Apollo joins other private equity players in impact investing arena
ALTERNATIVES SEP 15, 2020
Apollo joins other private equity players in impact investing arena

Leaders say new platform will incorporate Apollo's secret sauce and will target later stage companies