Goldman Sees ‘Buying Opportunity’ if Gold’s Slump Gets Worse
A big price decline below $1,250 an ounce would signal a "buy" for gold if "downside risks to global growth remain," says Goldman.
Top Portfolio Products: Actively Managed ETFs From TrimTabs, AdvisorShares, ProShares
The new ETFs target stocks with strong cash flow and high dividends, Korean equities, oil futures and a socially responsible money market equivalent.
Turning Cryptocurrency Into an Asset Class
In an age of negative rates, bitcoin takes on new importance for advisors, investors, banks and consumers.
Three Top Questions About Managed Futures, Answered
Historically, managed futures strategies have had mostly positive annual returns, but three consecutive years of drawdowns have raised concerns.
But Is Bitcoin Safe?
There’s been plenty of spilled ink on the subject of bitcoin theft.
Top Earners Back Clinton After Decades With GOP: Bloomberg Poll
In the poll, conducted days before the first Clinton-Trump debate, top earners favored Clinton over Trump by 41% to 37%.
Cornell Endowment Posts 3.3% Loss, Worst Among Ivies So Far
Harvard, Dartmouth and Penn also posted losses for the latest fiscal year but they were 2% or less. Yale’s endowment gained 3.4%.
OPEC Agrees to First Oil Output Cut in 8 Years
OPEC agreed to drop production to a range of 32.5 to 33 million barrels per day, said Iran’s Oil Minister.
UBS Settles With SEC Over Sales of ‘Complex Products’
SEC says the wirehouse must repay 8,700 investors over $8 million and pay a fine for not reasonably training its advisors.
Nationwide Says DOL Rule Behind Jefferson National Deal
Nationwide said it struck a deal to buy the Louisville-based Jefferson National, a firm with about $4.7 billion in client assets.