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.
Brokerage unit posts third quarter trading decline but still delivers pretax profit.
Oversight of $3.7T market comes from Dodd-Frank, includes some exemptions.
Deal is on top of $62.5 million the bank contributed to settlement fund.
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.
The $3.7 trillion municipal-bond market extended its biggest rally since April, with investors buying Puerto Rico, Illinois and California debt ahead of the Federal Reserve's two-day meeting beginning Tuesday.
Some money managers see big value in Detroit's muni bonds while others see only losses. Therein lies a battle.
Did Janet Yellen affect global markets? Better believe it. Also, four U.S. banks get cut by Moody's, some big names load up on gold and yes, there's an ETF with a chunk of Twitter. From <i>InvestmentNews</i> senior columnist Jeff Benjamin, who adds a Turkey Day preview.
Plus: How-to for advisers going solo, global investors bail on Obama, deflating market bubble babble
Central bankers are trapped in QE nirvana, the pre-holiday data dump, giving thanks to clients, green dividend stocks, and how to properly carve a turkey.
Two industry heavyweights love equities, but hate Washington politics, Obamacare.
With huge balance sheets to manage, central banks diversify away from bonds, buy gold. What can advisers learn from the Ben Bernankes of the world?
How to find undervalued stocks in a bull market. Plus, Bitcoin (yes, Bitcoin) gets legit; big investors licking their chops at BofA $8.5B settlement proposal; some good news for Madoff victims; and welcome back cap gain distributions. Curated by <i>InvestmentNews</i> senior columnist Jeff Benjamin.
Recent history shows why and how diversification and active strategies not only work but are necessary.
Finance chiefs from nations holding more than $1.3 trillion of Treasuries signaled no plans to sell even as the U.S. faced condemnation for the fiscal fight plaguing the world's largest economy.
It's still hard to find income in today's markets. So where is BlackRock's multiasset income honcho Michael Fredericks looking? Jason Kephart finds out.
Here's one way to use the drop in bond prices and the rise in other assets to your tax advantage. Caution: it's not for every investor.
Today's Breakfast with Benjamin: Bernanke sees low rates for a long, long time; holiday retailers on the ropes; SAC Capital jury selection; investigating fishy employment data; coal becomes the next tobacco-style villain
