Sell in May and Go ... Where?
Investors who sold in May are on track for a good year, S&P's Sam Stovall says. But where should they invest until November?
Investors Exit Active Funds to Tune of $159B Over Past Year: Morningstar
Morningstar reports $14.3 billion exited U.S. equity mutual funds and ETFs in July, but J.P. Morgan, American Funds buck active trend.
Oil at 6-Year Low Amid Global Glut. How Low Can It Go?
Gary Shilling says crude is headed to between $10 and $20 a barrel, while Jeff Saut expects “outstanding opportunities” to buy oil-related securities, including MLPs.
Americans More Optimistic About Their Finances, but Less Prepared
In Lincoln Financial's annual MOOD survey, 81% of Americans said they feel optimistic about their financial future today, a drastic improvement over four years ago. But perhaps because so many don't have an advisor, they feel unprepared for the future.
Hedge Funds Bloodied by China Rout in Worst Month Since 2011
Some of these investments had their worst performance since 2011, suffering double-digit losses.
Gross’ Fund Rises After Tweaking ‘Shorts of a Lifetime’
The Janus (ex-Pimco) fund manager anticipated a slump for German debt and Chinese equities; Janus Global up 0.8% in July, 1.6% YTD.
4 Signs American Consumer Is Fine, and Poised to Spend More
If the Fed is looking at these four numbers, a September rate hike is more likely--as is continued economic growth in the U.S.
10 Wealthiest Couples in the World
Wealth-X reports wealth of six on list is self-made, and of four inherited
China’s Confusing Currency Devaluation Means Get ‘Buy Lists’ Ready
The market’s big move on the China story appears to be like most big moves in summertime — exaggerated — because trading is thin, analysts say.
Citigroup: Something Big and Fundamental Has Changed in Markets
Strategist points to increasing concentration and one-way positioning as factors behind current liquidity woes.