Liquid Alts, Pt. 1: The Long and the Short of Them
Why liquid alternatives strategies are gathering assets, with a focus on long-short equity strategies and event-driven strategies.
Americans Really Don’t Like Wall Street: Poll
Wall Street scores the lowest rating of any person or institution included in an NBC News/Wall Street Journal poll.
Michael Milken Probed by SEC for Guggenheim Ties: Report
In breaking news seemingly from 1987, the SEC is allegedly investigating whether the former junk-bond king violated his lifetime ban from the securities industry by acting as an advisor to Guggenheim Partners.
12 Presidents’ Big State of the Union Ideas on Economy
From FDR to the second Bush, a look at what presidents had to say in their annual message to Congress.
The Anti-Reagan Enters His Second Term: News Analysis
President Barack Obama sought to have Reagan’s impact, but in the opposite direction, and today’s inaugural address signals just that.
Obama’s Treasury Secretary Pick Is Said to Be Jack Lew
Nomination would signal White House intent to “keep Treasury close” to its sphere of influence.
House Passes Fiscal Cliff Bill, Averting Plunge—for Now
House passes Senate bill, 257-167, shortly before midnight, sending legislation to President Barack Obama to sign.
The Numbers Don’t Lie: Boomers Nervous About Health Care, Social Security
The 2012 Retirement & Politics Survey by Allianz has found that “transition boomers”—people between the ages of 55 and 65 who are less than 10 years away from retirement—see rising health care costs and Social Security as having the greatest impact on their retirement outlook.
Averting Fiscal Cliff Requires Special Type of Leadership
Harvard University's Ronald Heifetz, the author of widely cited texts on leadership, explains why the president has the upper hand in fiscal cliff talks, and how Democrats need to help Republicans sell compromise back home.
Rogoff and Reinhart’s Mountain of Debt Warning Catches Fire
As market talk focuses on the dangers of the U.S. fiscal cliff, Kenneth Rogoff and Carmen Reinhart’s debt theory is catching fire with the nation’s investment strategists.