Wealthfront confirms it's eyeing an IPO, Fidelity begins bitcoin tracking, and Wells Fargo has a contrarian view of the markets.
A decade on since the global crisis, risk appetite is reaching levels notched at the apex of the global credit bubble. Strategists and investors explain how the relentless bull run may still have more juice.
"If financial advisors accomplish just one thing—to give clients the courage to stay the course, to not sell at the bottom, and not buy more of the hot sector at the top—they’ve accomplished something of great value and should be proud of it."
The gains may help ease the fiscal strain on state and local governments that have nearly $2 trillion less then they need to cover all the benefits that have been promised
A total of 22 actively managed mutual funds and exchange-traded funds have more than 5 percent of their portfolios in the company, according to Morningstar data.
Redemptions from Healthcare/Biotechnology were heaviest since January.
Flows to global equity funds were the smallest since March.
The fund saw inflows for the 20th straight week.