Dr. Daniel Crosby explores the problems of surrounding yourself with “yes people.” Sometimes it's natural and healthy, but it can lead to dangerous 'groupthink.'
Citing weak but recovering economy, monetary policy, Nuveen's Doll says, "We have been in the sweet spot for some time, and it is likely to continue."
<i>Breakfast with Benjamin:</i> Janet Yellen's Fed is sticking with tapering but more econ data today could change the conversation. Plus: Stocks are down big so is it the overdue correction? And Japanese stocks fell 4% overnight, the case for index funds, BofA rate traders see smaller bonuses, and tracking short sales.
Worst January since 2010 as S&P 500 loses 3.6%, first monthly decline since August 2013.
Today's <i>Breakfast with Benjamin:</i> If rates rise, gold won't. Plus: Warren Buffett's $1B tease, a new twist on stock valuations, bitcoin marches on, another solar energy push and, what's good about hoping for a flat market.
Super Bowl predictor may be irrational but has better track record than many stock pickers.
<i>Breakfast with Benjamin:</i> January was rough, and though Seattle winning the Super Bowl is a good omen for stocks, it's going to be a bumpy ride. Also: How defined contribution assets surged, celebrating 25 years as a top PM, who to thank (or blame) for 401(k)s, finding gems in the emerging markets and who won the Super Bowl of advertising?
<i>Breakfast with Benjamin:</i> Big news from two tech giants: strong earnings and a gamechanging sale. Plus two questions: Should you worry about the rout in emerging markets and is your technology working for or against you? Also: A super price for a Super Bowl suite.
Former White House budget director David Stockman has never been shy with his opinions. Now, he's predicting that the stock market rally, fueled solely by Fed policy, is about to crash and burn.
Risks of the strategy can be great the returns even greater.
Despite worries over valuations &mdash; and the potential for a correction &mdash; the longer-term outlook for stocks is solid. As long as the global economic recovery continues to expand.
In seeking to stop Mohamed El-Erian from leaving Pimco, Bill Gross told him 'hell no.' It didn't work and now Pimco must revisit its succession plan as its struggle to move beyond bonds continues.
<i>Breakfast with Benjamin:</i> Apple's earnings will be a focus, but the big question for CEO Cook will be about Carl Icahn. Plus, the emerging markets rout isn't over, why it might be too early to buy the dip, Janet Yellen's Job One and who won big at Sunday night's Grammy Awards.
Weak earnings combine with currency volatility send investors to the exits
<i>Breakfast with Benjamin:</i> Will Obama's 'myRA' work? Plus, finding the biggest divident payers, don't bail on stocks now, what you need to know <i>today</i> and enough, already, with the polar vortex.
Economist predicts weakness, slow growth will persist in world markets
Pimco's co-chief investment officer Mohamed El-Erian will be taking the reins of the firm's $3 billion multi-asset fund that has underperformed since its launch in 2008. That should help - the fund is based on a book he wrote.
<i>Breakfast with Benjamin:</i> Private equity giant KKR finds expanding beyond the HNW crowd is not so easy and shuts two retail-focused funds. Plus: Gold jumps on Yellen preview, fund manager changes lead to Morningstar updates, Barclays cuts 12,000 jobs, and another day, another Obamacare delay.
<i>Breakfast with Benjamin:</i> Dr. Doom gets even doomier, using derivatives even when they hurt society, more sluggish economic growth, cashing in on video surveillance, and the pros and cons of free airport Wi-Fi.
