Emerging markets get more attractive by the day

<i>Breakfast with Benjamin:</i> Emerging markets getting more and more attractive. Plus: Bill Gross bounces back, the February buying opportunity, this isn't 1929, and Goldman manicures an apology for giving nail files to women.
FEB 21, 2014
  • Currency speculators are pouncing on emerging economies, putting added pressure on exchange rates. Call it the painful byproduct of Fed tapering. Draining foreign reserves
  • Templeton's Mark Mobius says emerging market valuations are nearing attractive ranges. That's a big switch from his Feb. 7 call. The rush to the exits is almost over
  • Pimco's Bill Gross added high-grade government bonds to his Total Return Fund and cranked out a 1.35% gain in January, bouncing back from a 1.92% loss last year. Net redemptions continue
  • Thanks to January's market slide, February has turned into a buying opportunity. Shrugging off the bad news
  • About that ominous chart comparing 1929 to now. Adjusting for percentage gains over both periods makes it a lot less scary. The un-parallel view
  • Goldman Sachs learns you don't recruit women by giving them nail files. Swag snafu

Latest News

Private credit becoming 'big piece' of annuities, T. Rowe exec says
Private credit becoming 'big piece' of annuities, T. Rowe exec says

Goldman Sachs retirement survey finds 83% want guaranteed income, while the annuities providing that income increasingly hold private credit.

Zocks debuts Claude plugin with seven skills for financial advisors
Zocks debuts Claude plugin with seven skills for financial advisors

The AI meeting assistant's Advisor Intelligence plugin turns client conversation data into annual reviews, tax scans and attrition alerts.

Stifel settles massive $30 million complaint involving star broker’s sale of structured products
Stifel settles massive $30 million complaint involving star broker’s sale of structured products

Chuck Roberts and Stifel have been facing scrutiny due to sales of structured products and structured notes.

SEC floats CFP route to accredited investor status, fund rules refresh amid private market push
SEC floats CFP route to accredited investor status, fund rules refresh amid private market push

Among other updates, the proposals would let advisors to regulated funds earn performance fees and allow interval funds to offer monthly repurchases.

The Year Is 2046 and I’m a Financial Advisor 
The Year Is 2046 and I’m a Financial Advisor 

What will financial advice look like 20 years from now? Evan Vladem explores how AI may transform wealth management while reinforcing the enduring value of human guidance, trust, and empathy. 

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains