News

First the good news: The S&P 500 should climb by about 19 percent or so from yesterday’s close, says mutual fund manager Steve Leuthold in his firm’s “Green Book” monthly research report, released this morning. Now the bad...

Ben Bernanke in remarks release this morning by the Federal Reserves, concludes: Monetary policy isn’t to blame for the real estate bubble; rather blame all those crazy “exotic” mortgages for the speculative excess in real estate.

The Financial Services Institute (FSI) plans on lobbying against recently re-introduced legislation in the Senate that threatens financial advisors’ “independent contractor” worker classification. On December 15, Senator John...

With the decade ending tomorrow, the chorus blaming bankers—and only bankers—for the economic “lost decade” will finally grow crescendo. (Lots of think pieces will appear online and in papers everywhere.) Naturally...

Principal-Protected Notes are anything but protected FINRA says, and the SRO wants to make sure brokerages are making that clear to investors.

In the past, advisors would advise their clients that to make money, it was best to have “time in the market” versus timing the market. But, the brutal bear market of 2008 prompted new research that shows it may be best to avoid big...

You gotta love Lloyd Blankfein, it’s true. The Financial Times on Thursday named him its Person of the Year because: “He has led for three years, not only navigated the 2008 global crisis better than others on Wall Street but is set to...