Gundlach: Don’t ‘Fight This Rally’ in Bonds
In his quarterly outlook, the DoubleLine CEO says forecasts of a rate hike are "almost comical" and holding currencies other than the dollar is "foolish."
Top Portfolio Products: Vanguard Adds Two Funds; Russell Launches Three
American Century, IndexIQ expand offerings; Putnam introduces fund.
Q2 Earnings: JPMorgan Earns $5.4 Billion in Profits Despite Lingering Mortgage Issues
JPMorgan CEO Jamie Dimon reported a solid performance for Q2 2011 despite lingering mortgage and credit concerns. The asset management unit saw a 28% jump in pay and headcount.