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.
New Hire Roundup: Ex-NFL Quarterback Joins Lourd Capital Management
This week in new hires, Lourd Capital Management welcomed former NFL quarterback Cade McNown as vice president, and Christine Walker went to Drexel Morgan Capital Advisers.
Mobius: China to Experience U.S.-Like Housing Crisis
The credit crunch was spiked by the Chinese central bank's tightening of liquidity.
Market Holds Rally, Investors Don’t Show Up
“You don’t get too many chances to get over 100% gain without inflation after only four years,” said one analyst at the Morningstar Investment Conference, where panelists lamented investors' lack of discipline since the financial crisis.
Do Incentives Really Motivate People?
I get a twisted kind of pleasure when good arguments cause me to reconsider my long-held beliefs. The recent book by Clayton Christensen, “How Will You Measure Your Life?” spurred such a transformation.