The opening line of Charles Dickens’ A Tale of Two Cities begins with, “It was the best of times, it was the worst of times”. The rest of Dickens’ opening, which is less known, continues the pattern of contrasts and...
Bill Gross' behavior during his appearance at the Morningstar conference concerned PIMCO executives.
Much has been written about Bill Gross and his departure from the firm he founded 40 years ago. Now, Bloomberg does a deep dive into the dra...
The recent decline in oil appears to be a mirror image of other previous “darlings” in financial markets, especially commodities and precious metals.
Should stock investors heed smoke signals from the junk bond market?
U.S. equities capped off the holiday-shortened trading week with a sixth consecutive week of gains. The S&P 500 Index advanced 0.2%, with the consumer discretionary sector leading the way and energy lagging.1 The main economic story last week was...
Financial advisors’ confidence in both the economy and the markets had its highest jump so far this year as survey respondents absorbed the results of the mid-term elections and more positive economic data...
