So much for those green shoots, say two economic historians, Barry Eichengreen at the University of California at Berkley and Kevin O'Rourke of Trinity College, Dublin. Globally, we are tracking or doing even worse than the Great Depression...
Financials have not yet reclaimed the crown, but they are making a comeback, as measured by their weighting in the S&P 500. While technology is still the biggest sector, accounting for 18.4 percent of the S&P 500 index, the financial sector has...
Last year changed the landscape for hedge funds and other alternatives.
Here's a story you can tell to clients who are fed up with the market. There's a frantic search under way in Israel for a mattress that's worth $1 million. According to the AP, a woman in Tel Aviv bought her mom a new mattress, taking the old one...
The Department of Labor and the SEC are holding a joint hearing today in Washington to explore “issues” related to target date/lifecycle funds. Many of these funds actually underperformed the S&P 500 last year. You can watch the...
Among the many economic stimulus provisions in the American Reinvestment and Renewal Act of 2009 is a short-term program to expand financing alternatives for state and local governments. The legislation creates a new category of taxable municipal...
Financial advisors say all types of financial service firms lack trustworthiness
