There is an old saying that chartists have: The trend will continue until it ends. Yes, it seems silly, even stupid. But, if you are a technician trying to divine future prices from past price movements and trading volume that saying is probably...
Not satisfied with having ushered in a new era of efficient, low cost, investment-savvy pooled investment products, ETF issuers insist on trying to reengineer their own (already pretty darn good) invention.
In trying to fathom the amount of capital that financial firms have destroyed since last summer, I called an acquaintance who used to work at Merrill Lynch.
You'll usually find grandparents are a willing audience, especially if you first ask them to tell you about their grandchildren, and listen patiently for the next 90 minutes. But for those grandparents with several million or more in net worth, a...