Day after Obama authorizes new round of air strikes in the Middle East, oil drops. What gives?
<i>Breakfast with Benjamin:</i> How to get into stocks. Plus: One veteran trader's big worries; why you need to have a business continuity plan; high quality bonds are scarce; no summer doldrums this wee; and a lesson from the king. Burger King.
Ailing fund company boasts many of the most successful alts products in the mutual fund business, but is it enough as its core bond business suffers?
Protege of star manager Dan Fuss outperforms her former boss but her track record is short.
Today's <i>Breakfast with Benjamin</i> also features notes on geopolitical unrest hitting the markets, an IPO-heavy week, and Morgan Stanley junior bankers getting a 'living wage.'
On today's <i>Breakfast with Benjamin</i> menu: Gearing up for Fed news. Plus: Putin's next move could be painful; Argentina teeters on the brink of default; another naysayer calls for a correction; the long view on a higher minimum wage; and a portfolio rebalance refresher.
<i>Breakfast with Benjamin:</i> Looking past all the geopolitical risk. Plus: U.S. investors finally start diversifying overseas, what's not to like about a marijuana ETF, how the Millennial generation slept through the bull market run, and a tribute to a fund industry critic.
Bill Gross has wagered almost $200 million of his own money on a bet that interest rates will stay low.
In the relative calm that is the market for U.S. Treasuries, a sense of unease over a vital cog in the financial system's plumbing is beginning to rise.
“Bond King” Bill Gross says fund has turned a corner, but investors keep moving money out.
<i>Breakfast with Benjamin:</i> Advisers go liquid to navigate Yellen Fed policy. Plus: Global stocks are loving the Fed's latest non-move, energy stocks ride high on the unrest in Iraq, an IRS excuse that the IRS would never accept from you, and political correctness has the Washington Redskins surrounded.
BlackRock is ramping up its fight with Vanguard Group for U.S. retail investors by doubling the number of funds in its low-fee “core” series.
<i>Breakfast with Benjamin:</i> Don't look now, but wage growth (for dishwashers, for example) is on the radar. Plus: The SEC's half fix for money funds, a golden cross for Goldman, judge blocks 'Wall Street Wolf's' sucker list, and big city life can be a drag.
High-yield bond funds suffer major withdrawals; Pimco ETF loses most money ever.
On today's <i>Breakfast with Benjamin</i> menu, global markets feel the pressure of an uptick in geopolitical risk, as oil prices move higher. Plus notes on where to go when volatility rises, and more.
On Friday's menu: Barclays hits back on dark pool charges. Plus: Seeing the markets through the eyes of regular investors, why young folks should embrace bear markets, discount retailers set to shine, another cheap swipe at mortgage interest deductions, and the SEC hasn't forgotten about those pesky high-speed traders.
<i>Breakfast with Benjamin:</i> What bond investors can learn from Lebron James. Plus: Gold: It all depends on the Fed; commodities as a geopolitical hedge; investing in women; and golf stocks come up short.
Plus: Credit Suisse exits the commodities trading business, Allianz stands by Bill Gross, silver has a golden summer run, three taxes we can all dislike together, and don't let tourist scams rain on your vacation