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Record municipal bond outflows last week represent a short-term blip in the market, according to some industry sources. The underlying causes were uncertainty about tax rates and Build America Bond subsidies, as well as seasonal supply and demand...
CNBC star Jim Cramer may not have liked the valuation of the LPL Investment Holdings IPO, but investors sure did. The happiest people? LPL shareholders who sold off some of their stake in the company, the biggest independent broker/dealer in the...
With the absence of a V-shaped recovery, we can expect to experience the ramifications of the financial crisis for a long time, with a great likelihood that we’ll see paradigm shifts in the years ahead, said Erik Weisman, investment officer...
In normal times, gridlock is wonderful for real returns. But these aren't normal times. In times of crisis, a Congress that cannot undo its mistakes is not good
