Warnings of Market Crash Similar to ’87 Abound as Main Street Pain Worsens
The summer's market highs and metrics look eerily similar to the highs before the 1987 crash, as the labor force keeps shrinking and hunger rises.
The Retirement Time Bomb No One’s Talking About ... Yet
Pension consultant Ron Surz warns that masses of retirement portfolios are due to blow up, just like they did in 2008, because of inappropriate risk levels in target-date funds.
5 Years After Lehman Crash: ‘Dark Times’ Ahead
Janet Tavakoli and other commentators talk of violated American principles, the death of capitalism and “dark times for the future of the republic.”
Krugman: Obama’s Economic Policy a ‘Horrifying Failure’
The rapidly approaching fifth anniversary of the Lehman Brothers bust is bringing with it reflections of how far we have, or haven't, come.
PIMCO’s Gross Dodges Total Return’s Strikeout With Baseball Metaphors
Bill Gross thinks baseball players are fat, Cracker Jack should be spelled with an 's,' and the engine of capitalism is under threat.
6 Key Concerns With the Fed’s Take on ETFs
There are many holes in, and questions about, Bernanke's argument that leveraged and inverse ETFs are hurting the markets.
New Hire Roundup: Goldman, Nelson Move Up at NFP; New Vice Chair at FASB
This week in new hires, Michael Goldman became COO and Carl Nelson head of mergers and acquisitions at NFP; John Taft of RBC Wealth Management became a LinkedIn Influencer; more
How Financial Reform Became a Fiasco
Three years after Dodd-Frank’s passage, President Obama and Congress have failed to shepherd sound financial-industry rules, or level with the public.
Top Portfolio Products: Decker & Co. Launches With Focus on Southeast Asia
New products introduced over the last week include a suite of large-cap equity funds from Nuveen and four new corporate term bond ETFs from BlackRock.
Why Axel Merk Owns Gold
Because the road to hell — a road stretching from the Fed to the Eurozone to the U.K. to Japan — is paved with good intentions, he says.