Obama administration's call for boycotting Russian stocks falls flat

<i>Breakfast with Benjamin:</i> Investors not taking President Obama's advice. Plus: Fed warns there's always time to worry about bubbles, Morgan Stanley doubles down on biotech, the cloud computing frenzy marches on, activist investor challenges Coke management perks, and index investing to cut the tax bill
MAR 24, 2014
  • No offense, Mr. President, but short-sellers are not taking your advice on Russian stocks. In fact, it seems the market is doing the opposite of what the Obama administration has suggested with regard to Russian investments. So much for White House influence
  • Fed's Bullard reminds the markets that bubble risk doesn't go away just because the Fed becomes less accommodative. In other words, sleep with one eye open. Unconventional policies
  • Where some see a bubble in biotech, Morgan Stanley gets ready to double down. Up 200% since 2011
  • Box Inc. plans to go public in the latest sign of the cloud computing frenzy. Did somebody say bubble? What could go wrong?
  • Activist shareholder Wintergreen Advisers is looking for help from Warren Buffett to challenge the sweet rewards Coke is serving to management. Coke management gets 14.2% of share capital, worth $24 billion
  • Index investing might be boring, but you will recognize the beauty of the strategy come tax time. Five ways that index investing cuts taxes

Latest News

RIA dealmaking accelerates as three firms hit AUM milestones
RIA dealmaking accelerates as three firms hit AUM milestones

Wealth Consulting Group, Coastline and Maridea report fresh capital, acquisitions and asset growth as advisor M&A keeps climbing

VastAdvisor closes $1 million SAFE round from advisor-side backers
VastAdvisor closes $1 million SAFE round from advisor-side backers

Carson Group's Dani Fava, Jason Pereira of Woodgate Financial, and Sally George of Convergency Partners led the raise as the growth-tech startup builds out its AI platform and leadership bench.

Wells Fargo adds three advisor practices as recruiting rebound continues
Wells Fargo adds three advisor practices as recruiting rebound continues

New teams from William Blair, Ameriprise and UBS bring more than $560 million in combined client assets to the firm's employee and independent channels.

UBS will pay advisors 'handsomely' for banking starting next year
UBS will pay advisors 'handsomely' for banking starting next year

Regulators this year approved UBS Bank USA’s conversion to a nationally chartered bank.

SEC accuses Tricolor executives of hiding $800 million collateral hole
SEC accuses Tricolor executives of hiding $800 million collateral hole

How a subprime lender’s car-loan bonds allegedly unraveled before bankruptcy.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income