John Bogle introduced the first retail index mutual fund in 1976. He built Vanguard to $4.9 trillion in assets under management.

They actually do OK figuring out what to buy. But they need to do a better job unloading stuff.

Land deals in eligible tracts from Bronx to Oakland jump 62 percent.

The former bond king can’t stop the withdrawals, with assets now below $1 billion.

Half of the debt in investment grade corporate bond funds teeters just above junk. If the economy slows and downgrades force passive fixed income managers to sell, will ETF investors feel the pinch?

Jeffrey Gundlach countered President Donald Trump’s claim that he’s presiding over the strongest economy ever. The growth is debt-based, he said.

There’s peril ahead for both stocks and bonds.