Breakfast with Benjamin: At Bernanke's final meeting, Fed poised to cut another $10B from its bond-buying program. Plus: CEOs struggle to manage expectations, income tax pain hits home, a tale of two homebuilder ETFs, and young folks aren't biting on the Obamacare sales pitch.
A paradox for the ages as weak economy pushes stock prices higher.
Breakfast (with Benjamin) is served: Dividend ETFs losing luster as rates rise; Bernanke's last stand; nontransparent active ETFs; Obamacare's drag on health care; useless jobless claims data; and global New Year's traditions.
Investors watch the Fed as its last meeting of the year begins. Also in today's Breakfast with Benjamin: Stocks to buy when the Fed tapers, gold investors seek the bottom, IPOs gone wild, and a Deutsche Bank shopping guide.
A trio of big name stock pickers are planning to close the door to new investors in another sign that there is a shortage of deals to be found in equities. That's good news, at least for some.
Plus: Looking for weakness in the Volcker rule, the case for stocks in 2014, the upside of market bubbles, and what the heck Elizabeth Warren is up to now?
The U.S. stock rally that has extended over the past year is due for a correction of more than 5%, warned investment strategists at T. Rowe Price Group Inc. That doesn't mean it's a time for advisers to stick their heads in the sand, but to proceed with caution.
Index giant Vanguard built its business on the economist's work.
Advisers should still be pushing clients with piles of cash to get into stocks despite the market's stellar year-to-date gains and new all-time highs, said Wells Fargo Advisors' senior equity strategist, Scott Wren.
Portfolio manager still plans to do corporate analysis, study astronomy.
Plenty of legs left in equity rally; companies flush with cash
Friday's breakfast is served: Big banks feel the heat from religious investor groups; Deutsche Bank settles with Finra; the housing recovery's recovery and Jamie Dimon's wacky holiday card
Says of firm's new refund plan: 'It's about time somebody stepped up.'
Considering hiring and employment reports, what's bad for the economy can be good for equities.
Investors have enjoyed an epic rally this year with little volatility, thanks at least in part to all the cash the Fed is pumping into the system. But advisers should be prepping clients now to get ready for some choppiness ahead. Jason Kephart reports.
He of 'irrational exuberance' fame says economic constraints keeping market in check.
Today's Breakfast with Benjamin: T. Rowe Price warns of correction, Deutsche Bank bans chat rooms, the first-ever hedge fund ad debuts, big banks sweating over the looming Volcker rule, and EU Commission levies heavy fine for rate rigging.
Today's Breakfast with Benjamin includes: Facing the reality of capital gains, Hilton IPO sheds light on hotel stocks, hedge funds go long-only, and the Brits outshop Americans.
With the S&P 500 up more than 29% from the start of the year, on the heels of a 15% gain last year, it is a safe bet that there are plenty of taxable gains sitting inside client portfolios. But even if you feel the market is getting rich, it might be worth waiting until after Jan. 1 to cash out.
Nuveen's chief equity strategist Bob Doll says economic underpinnings, including revenue growth, are strengthening as stock prices continue to climb. And valuations? Not insane.
