Why the World’s Largest Wealth Manager Is Shunning Bitcoin
UBS is avoiding bitcoin for several reseasons including lack of government oversight and small market size.
There’s a Better Way to Reform the Corporate Tax
A Berkeley professor’s plan could increase investment, improve efficiency, lower the trade deficit and help the poor.
Wall Street Has New MiFID Migraine, Now in Futures Market
Banks are seeking CFTC relief from added regulatory burdens; futures brokers are concerned that compliance could add costs.
World’s Biggest Wealth Fund Wants Out of Oil and Gas
The plan would entail the fund, which controls about 1.5% of global stocks, dumping as much as $40 billion of shares.
Yes, a Corporate Tax Cut Would Increase Investment
Republicans have science on their side when it comes to this part of their tax plans.
The Real Fight Over Tax Overhaul Is Just Starting
It's unlikely the Senate will pass a tax bill with “as much as ease as the House,” the Tax Policy Center says.
Low Returns Are a Feature of Markets, Not a Bug
After accounting for inflation and costs many more investors end up losing than winning.
Are Amazon, Apple and Google Coming for Asset Managers?
Tech companies will increasingly enter finance in order to increase their “client stickiness,” Moody's predicts.
Merrill Fund Manager Survey Finds ‘Irrational Exuberance’
Risk-taking hit an all-time high in November, according to the latest Bank of America Merrill Lynch fund manager survey.
New York Fed Sees a Healthy Fear in the Volatility Curve
Fed researchers say the market is “pricing in implied volatility of around 19% in one or two years’ time."