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.
Mutual fund giant Fidelity Investments is set to launch a series of exchange-traded funds, the firm's first in 10 years. Is it too little, too late? Advisers say no, but they're not overly excited, either.
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.
Thanks to the stock market rally, among other things, the $287 billion Vanguard Total Stock Market Index Fund has surpassed the $247 billion Bill Gross' Pimco Total Return Fund as the largest mutual fund. At least for now.
Vanguard to pay short-term capital gains on money market funds
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.
Markets are poised for the Santa rally and January effect. Also in today's Breakfast with Benjamin: Cyber Monday becomes Cyber Week, global factory growth, CEO pay and stock performance, and financing 'The Twelve Days of Christmas.'
For investors and advisers interested in the fast-growing and sometimes misunderstood fracking space, extreme caution might be the most prudent move. Lax disclosure is one of the problems.
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
Wall Street continues to intensify its loving gaze on the domain of independent broker-dealers and the alternative investments they're selling. This time, the Street's sights are on nontraded REITs.
Insiders of nontraded REITs typically own far fewer company shares than executives of publicly traded REITS, and that's beginning to influence how B-Ds sell, or don't, their shares. <i><a href="http://www.investmentnews.com/gallery/20131114/FREE/111409999/PH">(<b>Plus</b>: Look inside the ownership of 11 big nontraded REITs)</a></i>
A bitcoin exchange, citing banking and regulatory uncertainty, has suspended trading. But that's not the end of the story as the company sees a silver lining.
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.
Today's Breakfast with Benjamin: Markets brace for big economic data, insider selling at 30-year high, SEC tries to get tough, measuring Fed-speak, and how to behave at the company holiday party. Curated by <i>InvestmentNews</i>' senior columnist Jeff Benjamin
Plus: Emerging markets get dicey, butting heads with Buffett, hedging with ETFs, more Bitcoin buzz
