Junk Bonds at $2 Trillion as Gundlach Pulls Back
“They’ve squeezed all the toothpaste out of the tube,” DoubleLine CEO Jeffrey Gundlach says.
Top Portfolio Products: State Street Launches Global Bond ETF
IFC and Incapital roll out bond program, while Solactive introduces a green bond index.
Fidelity’s Morrison to Succeed O’Hanley as Investment Chief
Charles Morrison most recently was head of Fidelity’s $750 billion fixed income division.
U.S. Payrolls Rise Less Than Forecast; Jobless Rate Falls
The unemployment rate unexpectedly declined to 6.6%.
ETFs ‘Just in the Third Inning’
Advisors wondering if an ETF market that has passed $1 trillion in assets is ready to slow down haven't met Nasdaq chief indexer John Jacobs.
Best & Worst States for Fiscal Health
The Mercatus Center ranked the states using four measures of short- and long-term financial health.
Producer Prices Rose in 2013 by Least in Five Years
Wholesale prices in the U.S. climbed in December for the first time in three months to cap the smallest annual increase in five years, showing companies face little pressure to charge more.
AIG Seeks to Add 600 Advisors in Annuities Push
AIG plans to add 600 advisors in a push to increase sales of retirement products as some rivals retreat from annuities.
Payrolls Rise Less Than Forecast; Jobless Rate Drops to 6.7%
December job growth likely muted by weather as unemployment rate falls to lowest since October 2008.
Disappointing Jobs Report Fuels Rally in Treasuries, Gold
Treasuries rallied with gold and the dollar retreated after U.S. payrolls rose less than forecast in December, easing concern stimulus cuts would accelerate.