The outlook for fixed income is about as grim as it has ever been, but that doesn't mean that investors should be thinking about heading to cash, according to The Vanguard Group Inc.
Since interest rates spiked in May and again in June, investors have been doing just that.
Assets in money ma
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The eurozone is finally starting to show signs of growth more than five years after the financial crisis, and financial advisers are betting that there is more good news to come.
New offering grabs $2.8 billion in first few days; a JPMorgan fund has similar outflow.
If the commonwealth defaults, it will cause a shock to the system.
BlackRock and Goldman Sachs are the big beneficiaries of Pimco's bad bond call.
Both Bill Gross' Pimco and Jeffrey Gundlach's DoubleLine Capital have made pushes into actively managed equities in the last three or so years, and if active managers aren't worried yet, they should be.
