After 'garden variety' correction, shares rebound with the strength of resilient sector leadership, bolstered by better-than-anticipated earnings and ongoing Fed monetary accommodation.
<i>Breakfast with Benjamin:</i> How investors are playing the markets. Plus: Kitces on the fee vs. commission problem; solving mysteries and who Facebook is leaving in the dust.
The Oracle of Omaha doesn't owe shareholders an apology for falling short of a performance goal at his Berkshire Hathaway Inc., Vice Chairman Charles Munger said at the company's annual meeting.
Warren Buffett won't pay a dividend to his Berkshire Hathaway shareholders but he sure welcomes them from companies he invests in. He stands to rake in $123 million more a year now that companies including Wells Fargo and American Express have been cleared to lift payouts.
The Tesla chief wants to get into military satellite launching. Plus, brokers failing to report trouble to Finra, stocks (and Costco earnings) drop, the Citi/Oceanografia plot thinkens, who you should follow on Twitter, and more.
Spike in volatility unnerves clients; some staying the course in anticipation of recovery.
Breakfast with Benjamin: JPMorgan's Madoff missteps, Prudential's bullishness, ETF inflows' lessons, gold bugs' squashed state and Kraft's Velveeta shortage warning. Plus: pot stocks vs. prison stocks.
<i>Breakfast with Benjamin:</i> Why most Americans feel they've missed the market's historic bull run. Plus: Warren E. Buffett offers retirement advice, playing defense with luxury goods, Candy Crush at $21 a share, comparing QE to the telegraph, and Ackman's never-ending obsession with Herbalife
<i>Breakfast with Benjamin:</i> Investors not buying gold, the case of one of Wall Street's most respected women, one clear economic indicator, what's the new Amex card about and a cheap BMW (with a hitch).
<i>Breakfast with Benjamin:</i> The Oracle's thoughts on joining the global equities selloff. Plus: Here comes volatility, Berkowitz has words for Fannie, Freddie, hedged ETFs and, of course, Oscar night.
Today: The Gross-El-Erian rift grows as Total Return's performance lags. Plus: It's jobs report day, here's what you need to know; the bitcoin story goes all O.J.; household wealth rallies and whether wealth management and car racing mix. Oh, turn your clocks back this weekend.
Also in today's Breakfast with Benjamin: Getting contrarian in 2014, El-Erian picks apart the Fed's taper plans, Morningstar warns against timing this market, more Obamacare taxes coming, and companies that got social media right
Bonds have outperformed stocks so far this year so are we looking at the great “unrotation” rather than the “great rotation?” J.P. Morgan Asset Management's Nick Gartside thinks perhaps but you have to look around.
A new fund seeks to provide exposure to hard-to-access Chinese stocks but the drawbacks are significant.
Friday's menu: Looking at stocks' recovery five years from the bottom. Plus: A big day for econ data, a bitcoin exchange crashes but new products spring up, Morgan Stanley gets a lawsuit tossed and Ukraine update
<i>Breakfast with Benjamin:</i> A man called "Mr. ETF," plus the skinny on Dave Camp's tax plan, Edward Jones settles cold calling case, a Wall St. cop moves on and a new take on "insider" trading.
Among all the noise over interest rates, economic growth and overextended equity market valuations, advisers could be missing the biggest risk: Ignoring the basics.
Many investors are questioning how much longer the bull market can run before it collapses from exhaustion. AllianceBernstein's Kurt Feurerman has an answer.
First Eagle's Kimball Brooker Jr. says the stock market is fairly to fully priced but has pockets of opportunity. Still, he's got a 20% cash position and is making no excuses for it.
<i>Breakfast with Benjamin:</i> How stocks reached a record, who's joined the fast food breakfast battle, Warren Buffett boils it all down and who is @gselevator 'tattletale'?
