<i>Breakfast with Benjamin:</i> Markets don't buy the Fed chief's words. Plus: More data today, who's going after indie advisers, Apple's Pushmi-pullyu, Icahn's intentions, a headline says it all and the Madness begins.
<i>Breakfast with Benjamin:</i> Asian investors spooked by China economic worries, Ukraine. Plus: Japan concerns surface, U.S. stock valuations not horrible, Washington as a Wall Street battleground and look who's worried about the Treasury market.
February net flows still negative, fall far shy of broader fixed-income recovery
Advisers are anxiously watching to see if the fund giant's recent management upheaval masks broader problems that could impact performance. Few are cutting and running. Yet.
Nuveen's chief equity strategist Bob Doll isn't just making a list of 10 predictions. He's created an investable portfolio of stocks based on those predictions. Jeff Benjamin has the details.
A UBS unit is facing a legal fight over the sale of Puerto Rico closed-end-bond funds after their values slumped. Bruce Kelly has the story.
Yields on 10-year Treasury notes climbed to the highest levels since September this week as the number of new jobs added in February surpassed expectations. Both developments point to a possible acceleration for the economy in spring.
Advisers should continue to monitor the situation at Pimco closely, explore other options for assets that are housed at the company and keep an open mind.
S&P move was no surprise, but some managers see longer-term strains and are staying away.
Those who provide local governments with advice on derivatives won't have to register.
BlackRock and Goldman Sachs are the big beneficiaries of Pimco's bad bond call.
Spike in volatility unnerves clients; some staying the course in anticipation of recovery.
<i>Breakfast with Benjamin:</i> Why most Americans feel they've missed the market's historic bull run. Plus: Warren E. Buffett offers retirement advice, playing defense with luxury goods, Candy Crush at $21 a share, comparing QE to the telegraph, and Ackman's never-ending obsession with Herbalife
Today: The Gross-El-Erian rift grows as Total Return's performance lags. Plus: It's jobs report day, here's what you need to know; the bitcoin story goes all O.J.; household wealth rallies and whether wealth management and car racing mix. Oh, turn your clocks back this weekend.
Also in today's Breakfast with Benjamin: Getting contrarian in 2014, El-Erian picks apart the Fed's taper plans, Morningstar warns against timing this market, more Obamacare taxes coming, and companies that got social media right
Bonds have outperformed stocks so far this year so are we looking at the great “unrotation” rather than the “great rotation?” J.P. Morgan Asset Management's Nick Gartside thinks perhaps but you have to look around.
iShares, Wisdomtree launch new funds taking advantage of the government's new floating-rate notes.
The Goldman Sachs Group Inc. is drawing record deposits into a bond mutual fund that's making money even as interest rates rise, giving the bank a boost in one of the few Wall Street businesses it hasn't dominated.
Among all the noise over interest rates, economic growth and overextended equity market valuations, advisers could be missing the biggest risk: Ignoring the basics.
