<i>Breakfast with Benjamin</i> Avenue Capital decided to deal with the outflows from its junk-bond fund by not reporting them to Lipper and Morningstar. That should do the trick.
Even if the odds of winning the record $1.4 billion Powerball jackpot on Wednesday are 292.2 million to one, it could happen. Here's what to do if it does.
Market watchers say stocks are fragile on multiple fronts.
Diversifying beyond a single fund or single strategy is key.
<i>Breakfast with Benjamin</i>: There's no reason the slowdown in China should sour investors on broader emerging market opportunities.
Market watchers say stocks are fragile on multiple fronts.
Breakfast with Benjamin: Securitization comes back and it's not all bad...Plus, how JPMorgan is positioned for rising rates, Deutsche Bank suspends currency traders, GM pays a dividend, and more minimum wage math.
<i>Breakfast with Benjamin</i> An Ohio adviser is the latest indicted as part of a scheme to defraud at least 100 investors of more than $15 million.
The money manager doesn't see a bright future for go-anywhere funds, with the notable exception of his own DoubleLine Flexible Income Fund.
<i>Breakfast with Benjamin</i>: SEC backs away from part of its charges, moving Steve Cohen a step closer to again managing outside capital.