Here is an interesting item from Bloomberg, regarding a new wave of DIY investing. I myself am skeptical. The Bloomberg article implies that more and more people will be firing their financial advisors to go to low-cost mutual fund/ETF...
Yow. On the eve of the U.S. Government's exceeding its statuatory debt limit comes the news that Bill Gross of Pimco is short U.S. debt! Our debt limit is $14.5 trillion. But if one throws in entitlements like Social Security and Medicare, our...
Remember the Tawana Brawley case, in which she lied about being raped by some law enforcement personnel, all white men? Turned out to be a lie, and Sharpton, a racial arsonist, ruined a man's life by slandering him. And our president is meeting a...
Years ago when Nanny Bloomberg --- oops, Mayor Bloomberg --- outlawed smoking in pubs and restaurants, I told my wife that next it would be butter. I was wrong: It was margarine--trans fats --- that were outlawed in restaurants. So, whose body is...
Brad Hintz, a senior analyst at Bernstein Research and a former CFO of Lehman, issued a report today asking, "U.S. Brokerage: Off to a Flying Start or Stumbling Out of the Gates?" Hintz's conclusion: "Bernstein expects a prolonged fixed income...
This is a bet only the bravest of bottom feeders can stomach: Wading in against the current of bad nuclear news from Japan. Market Vectors Uranium + Nuclear Energy (NLR) had been on a tear this year until getting pummeled in the wake of the...
Here is a funny blog post on the Reformed Broker about how mainstream magazines often write the same investing articles, year-in and year-out. I should know. I used to write them at SmartMoney, where I was a senior editor. ...
Who says associations have to publish unattractive and dry inhouse rags? Take a look at the International Association of Registered Financial Consultants' March 2011 issue. "Strategies for Scoring Inside the 20," reads the dek of the cover. The...
