Bernanke says U.S. doesn't need another batch of quantitative easing; that eases concerns on Wall Street
Sees relative yields widening in due time; 'something looks broken' in corporate debt market
Famed economist Andrew Smithers says cash-rich corporations will soon step in and start buying back their shares, boosting stock prices. But he also believes equities are way overvalued. His advice? Wait for a 10% rise in prices, then sell.
Spider Gold Trust surpasses bellwether in market cap; 'portfolio antidote for the global financial crisis'
Carl Icahn said to have made $100M shorting the S&P 500
Aging baby boomers may hold down U.S. stock values for the next two decades as they sell their investments to finance retirement, according to a paper from the Federal Reserve Bank of San Francisco.
Apparently, investors have seen enough. The recent roller coaster ride on the stock market -- coupled with the meltdown in 2008 -- has clients yanking money out of equity mutual funds at a dizzying pace. And advisers are worried many won't be back for years.
Fund firm says staying the course works; investors' resolve tested sorely this week
With stocks plunging, investors rush to buy government paper, driving prices up and yields below 2% for the first time ever
A new survey by Cerulli Associates asked investors whether they prefer paying fees or commissions to their advisers. The result? It wasn't even close.
