Plus: Emerging markets get dicey, butting heads with Buffett, hedging with ETFs, more Bitcoin buzz
Senior strategist still forecasting 1,900 on the S&P 500 by year-end, which would mean another 6.6% gain on top of the 25% recorded already this year.
Investor alert warns that 'too good to be true' pitch probably is
Pace of global offerings slows but holds steady in U.S.
Finra is said to be investigating a handful of broker-dealers that sold VAs with subacccounts invested in hedge funds. Clients who bought the products lost $18 million, says an attorney.
Heritage Capital's Paul Schatz is on board with the Fed's quantitative easing program and says now is a great time for investors to go active.
Jackson National Life Insurance Co.'s temporary halt on tax-free exchanges of variable annuities is in effect until Dec. 16 — but it turns out not everyone is subject to the suspension.
Van Eck Associates Corp. is moving ahead with an exchange-traded fund focused on Puerto Rico and other U.S. territories, the first of its kind, even amid the biggest losses for the island's securities since at least 1999.
Two industry heavyweights love equities, but hate Washington politics, Obamacare.
Some clients could come close to breaking even with the deal.
But over six to 12 months, conditions favor stocks over bonds, Nuveen strategist says
They badly underestimate the cost of nursing home care.
Plus: Fed taper could hit savers hard, new scrutiny on company stock in K plans, the stocks hedge funds love and Consumer Report's annual "naughty and nice" list. All in today's Breakfast with Benjamin.
One tech guru says the value and promise of bitcoin can completely revolutionize the global economy and has the potential to bypass banks altogether.
What's <i>InvestmentNews</i> senior columnist Jeff Benjamin reading this morning? Whether your clients need long-term care insurance, hedge funds loading up on GM stock, Greenspan calls Bitcoin a bubble, JPMorgan confirms cardholders were hacked and Britain gets bullish. Breakfast with Benjamin is served.
Ventura Wealth Management's strategy analyzes 40 different asset classes as part of an ongoing asset-rotation technique designed to emphasize the potential of the top five asset classes.
