A Correction Is Coming ... So?
The news media's worries about bullish market highs aren't producing very good investment advice, Barry Ritholtz says.
Geithner Omits Cost of Success in ‘Stress Test’
What Tim Geithner doesn't entirely convey in his new book is that success came at a steep price.
New U.S. Trust Program Helps Clients Avert Online Risks
The firm has expanded its program to help clients and their children or heirs protect their digital assets, online reputation, privacy and security.
Nonprofits Quietly Losing Millions to Fraud, Scams
Nonprofits lost hundreds of millions of dollars through fraud, embezzlement and other illegal diversions from 2008 to 2012, a Washington Post analysis found.
Bogle Blasts Financial Industry, Calls Compensation a ‘Disgrace’
Industry elder statesman and Vanguard founder John Bogle did not refrain from speaking his version of truth to power at Morningstar’s investors conference, condemning the financial industry’s grip on corporate America.
IRS Scandal Has Charities Worrying About ‘Collateral Damage’
Charitable nonprofits worry that investigations revving up in Washington over the IRS' targeting of conservative groups will further delay applications for tax-exempt status and impede their activities.
Price Forecasts in the Media: a Lousy Way to Invest
“I often hear advisors say their clients are contrarian indicators,” Richard Peterson of MarketPsych says, warning advisors to calm clients' primal buying and selling urges.
The Fox and the Hedgehog
I’m a big fan of books that help us cut through the noise of our current information overload to better understand how we got where we are and how to do better in the future.
Citing ‘Washington Math,’ Pioneer’s Taubes Sees Little Sequester Drag on GDP
Speaking with Greg Valliere, Taubes says $85 billion in sequester cuts would only slow down economic growth; Valliere sees no significant tax reform for years.
Fiscal Cliff, Sequestration Major Concern for Military
Military families' worries about fiscal cliff talks are immediate and hard-hitting: cuts in retirement benefits and increases in health care costs will kick in should sequestration occur.