New SEC Committee to Put Retail Investors First
“Many individual investors feel like they are under siege,” SEC Commissioner Luis Aguilar said at the group's first meeting.
SEC Forms New Investor Advisory Committee
The SEC announced the makeup of its new Investor Advisory Committee, a Dodd-Frank requirement. Among its members: Mellody Hobson of Ariel, Steven Wallman of Foliofn, and Barbara Roper of the CFA.
Dow 26,000! Here We Go Again
It appears Wells Fargo is ignoring an important rule for stock prognosticators, which is: “Never tie the Dow to a specific date,” something author and former Washington Post columnist James Glassman once told AdvisorOne.
Whitney’s Muni Scare Allowed Banks to Cash In: Bloomberg
Bloomberg continued its campaign Wednesday to hold Meredith Whitney accountable for her prediction that 'hundreds of billions of dollars' of municipal defaults would occur within 12 months of her '60 Minutes' interview, noting that one fallout of her prediction was to allow banks to cash in.
Top 10 Terrible Predictions About Economy
On 11/11/11, while the world still exists despite some predictions otherwise, a review by AdvisorOne of 10 terrible predictions about the markets and the economy.
Finding Value in a Loser’s Game
As John Kenneth Galbraith famously pointed out, we have two classes of forecasters: those who don’t know and those who don’t know they don’t know.
The Perils of Prognostication
Strategists from most Wall Street experts predicted 10-12% market growth for 2011 while only two called for minor declines.
Dow 20,000: 10 Reasons Why Market Will Soar in 12 Months
MarketWatch gadfly James Altucher makes his case for his wild prognostication.
No Big Rebound in U.S. Economy, Says James Glassman
Former diplomat tells IRI attendees to expect 2% growth moving forward