BlackRock Keeps Getting Bigger but Misses Sales Estimates
Rakes in a record $74 billion for exchange-traded funds; but overall revenue fails to meet analysts’ expectations.
IndexIQ Lowers Fees for 3 Currency-Hedged ETFs: Portfolio Products
Also, OppenheimerFunds and Direxion add ETFs; Harvest and Foundation Source launch continuing ed programs.
Bond ETFs Are Hotter Than They’ve Ever Been
Inflows are rising along with the proliferation of new fixed income ETFs, including smart beta funds.
Roubini: 4 ‘Unappealing’ Options for Central Banks in Next Recession
Nouriel Roubini says central banks in advanced economies will have no choice but to plumb the zero lower bound.
Big Banks Continue Winning Streak, With Street at Least
U.S. banks reporting earnings Friday lengthened their streak of surpassing or matching expectations which, to be fair, are managed by bank executives.
JPMorgan Just Had the Most Profitable Year in the History of Banking
Stocks drop across finance industry as earnings season begins; ‘Earnings bring us back to the underlying results’: analyst.
Double-Digit Earnings Gains Will Be Tough in Q2: LPL’s White
Analysts are upbeat but not exuberant in terms of their expectations for the overall earnings season.
Fed's Balance Sheet Unwind Comes at Inopportune Time
The current Treasury shortages could soon end. With a bang.
6 Ways to Mitigate Political Risk in Portfolios
A Wells Fargo report suggests specific steps that could help manage a portfolio’s potential exposure to negative political surprises.
Yellen Sees Inflation Key Uncertainty Amid Moderate Growth
But she said it was "premature" to say that inflation won't reach the Fed's 2% target over the next couple of years.