Bernanke says U.S. doesn't need another batch of quantitative easing; that eases concerns on Wall Street
Sees relative yields widening in due time; 'something looks broken' in corporate debt market
Famed economist Andrew Smithers says cash-rich corporations will soon step in and start buying back their shares, boosting stock prices. But he also believes equities are way overvalued. His advice? Wait for a 10% rise in prices, then sell.
Carl Icahn said to have made $100M shorting the S&P 500
Spider Gold Trust surpasses bellwether in market cap; 'portfolio antidote for the global financial crisis'
Aging baby boomers may hold down U.S. stock values for the next two decades as they sell their investments to finance retirement, according to a paper from the Federal Reserve Bank of San Francisco.
Apparently, investors have seen enough. The recent roller coaster ride on the stock market -- coupled with the meltdown in 2008 -- has clients yanking money out of equity mutual funds at a dizzying pace. And advisers are worried many won't be back for years.
Fund firm says staying the course works; investors' resolve tested sorely this week
With stocks plunging, investors rush to buy government paper, driving prices up and yields below 2% for the first time ever
A new survey by Cerulli Associates asked investors whether they prefer paying fees or commissions to their advisers. The result? It wasn't even close.
