The fixed income portfolio manager says clients need to understand they are never really investing for the long term, but for specific goals usually five to 10 years out—a home, college for kids, retirement—and how fixed income can help.
Defensive plays are getting smoked.
Depressed rates lift high-dividend shares at the expense of the low-dividend peers favored by equity pickers, according to Nomura Instinet analysts.
“The market consensus has really started to believe that the Fed’s not going to combat inflation,” said Vanguard's Anne Mathias.
How to change investors' minds about fixed income.
The Democratic presidential hopeful’s plan to fund Medicare for All hinges on a 6% annual levy on accumulated wealth in excess of $1 billion.
Fisher Investments dominates more than a quarter of the $22 billion market in ETNs.
