Today's <i>Breakfast with Benjamin</i> menu: Finra targets trading trickery. Plus: Credit Suisse pleads guilty to tax evasion, dealing with the Fed's giant balance sheet, Treasuries vs. gold and 10 great baseball movies to see this summer.
With three straight months of inflows, the hedge fund industry now boasts a record $2 trillion in assets. The $469 billion funds-of-hedge-funds business, however, has had just two months of net inflows in the past 24. Jeff Benjamin on what's going on.
<i>Breakfast with Benjamin:</i> The bond market's oddly logical rally. Plus: Retail and professional investors get cautious, gold tops $1,300 an ounce, the income opportunities in deep-water drilling, and clarifying Thomas Piketty's attack on capitalism
Hedge fund fees have been trending downward for six years, but could they vanish completely? And what kind of impact could this have on the industry?
<i>Breakfast with Benjamin:</i> Some big names, including Nouriel Roubini, are warning about a bubble in corporate bonds. Plus: Jeffrey Gundlach knows where the bond market bear is, insider trading on fantasy, should you drop health care coverage, cities not enjoying a housing recovery and about that West Antarctic glacier.
Firm runs crash-test analysis to identify biggest losers &mdash; and winners &mdash; if the tension escalates. You might be surprised at the results.
<i>Breakfast with Benjamin:</i> Why interest rates won't rise soon, from N.Y. Fed chief William Dudley. Plus: Why interest rates <i>will</i> rise soon, from another Fed governor, more reasons to expect a stock market correction, the end of the Tea 'party,' and what sets Warren Buffett's favorite bank apart.
Today's <i>Breakfast with Benjamin</i> menu: China moves hit T-bonds. Plus: Navigating a bond portfolio through rising rates, El-Erian says the market outlook is rocky, the price of meat is high and going higher, and math doesn't have to be so darn complicated.
<i>Breakfast with Benjamin:</i> Private equity giant wants in on liquid alts. Plus: QE might have a fueled high-inflation cycle, the small-cap stock ride is ending, time to get some defense in that portfolio, and the poor outlook for the long-term unemployed
As Fed winds down quantitative easing, interest rate hikes will be the next whammy. But there is some good news in rising house prices.
