What a Long, Strange Trip
An old Grateful Dead song provides an appropriate synopsis of the market environment in which U.S. investors find themselves today.
Stock Strategists Are Getting Nervous About the Market
Sharp gains in stock prices so far this year coupled with continued low volatility are leading some market strategists to urge caution.
DOL Releases New Fiduciary FAQ on Retirement Plans
ERISA attorneys view guidance as favorable, with one warning of potential "traps."
Vanguard Puts Rival Firms on Notice: Fee Wars Will Only Heat Up
Fund giant will continue pushing fees down as it grows: “We’re going to do it across every product,” incoming CEO says.
GMO’s Grantham on Momentum, Value, Ben Graham and Stock Prices
“Value (like gravity in physics) is a weak force in the short term, but very, very persistent,” says the chief investment strategist.
VC Funding Drives Fintech Investment Surge in Q2: KPMG
Investor interest shifted to mid- and back-office functions and away from customer-facing initiatives.
Greenspan: No Bubble in Stocks, but Look Out When Bonds Pop
Equity bears hunting for excess in the stock market might be better off worrying about bond prices, Alan Greenspan says.
Two Ways LPL Plans to Innovate: New Mobile App, Virtual Assistants
At its Focus conference, CEO Dan Arnold shares details about a mobile app for clients and the IBD's experiments with “Uberization.”
Wells Fargo Customers Sue, Claiming Auto Insurance Scheme Was Scam
Customers accused the bank in a lawsuit of forcing them to pay for unnecessary auto insurance that drove some of them into a financial spiral.
Trump Ousts Scaramucci in Latest White House Shakeup
The news comes only days after the hedge fund magnate was hired by the president.