What’s Jeff Gundlach Thinking?
Call him eccentric if you like, but you’d have to follow it with another accompanying superlative (Hint: It rhymes with “zenius”).
Romney or Obama? LPL and FSI Polls Disagree
As the presidential race heats up with Mitt Romney’s choice of Paul Ryan as his running mate, polls from FSI and LPL have reached vastly different conclusions about who will win.
Obama Proposes to Extend Bush Tax Cuts Excluding Top Earners
Plan would be for one year and exclude those families earning more than $250,000; GOP opposed, wants to extend cuts for all.
Clinton, Other Speakers Headline Insite
Insite 2012, Pershing’s 14th-annual conference, attracted more than 2,000 attendees, many of whom are broker-dealer home office personnel and BD reps who work through Pershing’s clearing business and use its technology.
Bill Clinton Seeks Obama Win (But He Likes George Bush, Too)
"I thought he was awesome," said one Pershing colleague to another at the close of Clinton’s keynote address at the BNY Mellon company’s annual conference in Hollywood, Fla.
The Next Congress
This year’s congressional elections hold considerable potential to reshuffle power on Capitol Hill.
Valliere at SSG: Economy Is ‘Healing’ but Watch Out for Iran
Chief political strategist at Potomac Research Group optimistic on economy and markets, but warns of fallout from possible Iran attack and of increased ‘paralysis’ in Congress after elections.
House Rejection of Senate Bill Leaves Payroll Tax Cut Uncertain
The House rejected, 229-193, on Tuesday the Senate bill to extend the payroll tax cut for two months as well as unemployment benefits. If Congress can’t break the logjam, 160 million Americans will pay higher taxes next year.
Surprise: Congress May Make Spending Compromise
While nothing is certain yet, a proposal is expected to be ready later in the day for a measure that will allow the government to keep running past Friday even as larger battles are fought over the expiration of a payroll tax cut and the question of whether to extend...
Social Media Lessons for Advisors From Rep. Wiener
The biggest problem with social media, as Wiener has discovered, is the combination of its informality and its permanence.