Not only is the gap between the “haves” and others widening materially, but cheap money and credit often serve as a basis for perceived wealth.
If your clients are ‘reaching for yield’, it may be an opportunity for you to steer them towards a more diversified approach that seeks to achieve a ‘responsible’ yield.
May 20 (Reuters) - U.S. securities regulators proposed new rules on Wednesday that would require mutual funds and other asset managers to report much more detailed data about their holdings...
Ultimately, all of this unusual market behavior should prove to be just noise.
