The billions of dollars backing bets that volatility in the stock market will keep sinking lower is “storing up trouble” for the future, State Street's CIO says.
In the broader scheme of the financial market, bitcoin is a gnat -- equivalent to less than 2 percent of any major class and 400 (!) stocks have bigger gains this year.
Is Facebook a tech company or a communications company? The system that determines which companies belong in which industries is changing next year—and so may your clients’ portfolios.