Bill Gross on Low Rates: ‘How’s It Workin’ for Ya?’
“Global markets and individual economies are increasingly ‘addled’ and distorted” as central banks cut rates, sometimes to negative territory, Gross writes.
SEC Fines 14 Firms for Muni Bond Violations
Barclays, Janney Montgomery and Wells Fargo are among the firms fined.
Best Finance Tweets of the Month: January 2016
Small children argue with Janet Yellen, Wu-Tang Financial endorses a presidential candidate, and Jeffrey Kleintop quotes Flock of Seagulls.
Top Portfolio Products: Northern Trust Adds Target Date-Like Funds
A new twist on the target date fund plus a wellness marketplace for small and midsize companies.
Why Institutional Investors Are Embracing ETFs
Institutions surveyed by Greenwich Associates are using ETFs to gain market exposure and hedge investments.
How Annuities Will Be Transformed by DOL Fiduciary Rule
After DOL’s rule is adopted this year, advisors will face a very different world when designing or selling annuities.
A ‘Big Short’ Lesson About Bond Liquidity
Risk analysis can benefit from tuning out the crowd.
Puerto Rico Electric Renews Debt Restructuring Agreement
The contract will be extended to Feb. 16 to enable the utility to cut its debt and create a new customer surcharge.
A Recession Is Coming: Wilmington Trust
Investors in the meantime should look toward income-earning investments because capital gains will be limited, says CIO Tony Roth.
Gundlach on Economy: ‘The Primary Trend Is Down’
The DoubleLine CEO says global economic weakness is not debatable, and the dollar is not likely to rise.