Gross Warns That Trump Rally Built on False Promise of Growth
The Janus bond fund manager recommends that investors move to cash and bonds whose durations are below investors' benchmarks.
BofA Says We Might Be Seeing a Sign of the Bull Market's End
Time could be running out for U.S. equities.
Oil Tumbles as Saudi-Iranian Discord Puts OPEC Agreement at Risk
Saudi Arabia insists all OPEC members agree to production cuts for pact to take effect; Iran's oil minister says his nation won't cut output.
The Blue State Plan to Fix Retirement
California, Oregon, Illinois, Maryland and Connecticut want more workers to have the chance to save for retirement at work.
Among Mutual Funds, It’s Still a Man’s World
Morningstar reports that the percentage of mutual funds managed by women has not changed since the financial crisis of 2008.
Meir Statman: What ‘Normal People’ Really Want From Advisors
Professor Statman talks about next-gen behavioral finance, how to manage clients’ well-being and why annuities can “emit the smell of death.”
Seraphim Capital Adds Pioneering Space Tech Fund: Top Portfolio Products
In other product news, FlexShares added an actively managed bond ETF.
Fed Officials Expect to Raise Rates in December
Fed officials see a strengthening case to raise rates as the labor market tightened, according to their November meeting minutes.
Muni Bonds Face Hit From Trump Tax Plan, Unfunded Liabilities
Trump’s plans to reduce tax rates coupled with growing unfunded pension liabilities spell potential problems for the muni market.
Fidelity Says Abigail Johnson to Succeed Father as Chairman
Abigail Johnson will also remain CEO of Fidelity -- a title she's held since 2014.