Maybe You’re Not as Stupid as Your Financial Adviser Thinks

Aug 25, 2016

(Bloomberg) -- Investors need to be saved from themselves...

Masters of Universe Flummoxed by Fed as Yellen Takes Stage

Aug 25, 2016

(Bloomberg) -- The world’s biggest bond traders are getting fed up with Fedspeak...

Armageddon’s Anniversary for S&P 500 With Defanged Fed, Numb VIX

Aug 24, 2016

August 2015 was a terrifying time for investors. Twelve months later, it's nothing but calm.

How to Stay Rich in Europe: Inherit Money for 700 Years

Aug 24, 2016

(Bloomberg) -- Lamberto Frescobaldi sets two wine glasses atop a wooden barrel in the spacious cellar of his company's winery in a 1,000-year-old castle not far from Florence. Uncorking a bottle of Nipozzano, he takes a sip and nods. The...

Here Are the Ways Employers May Be Shortchanging Your 401(k)

Aug 24, 2016

(Bloomberg) -- American workers often fail to scrutinize their 401(k) plans—they’re just happy to have one and trust their nest egg will grow. But in case you were thinking ignorance is bliss, more lawyers are saying that the guy...

The 401(k) Is Wreaking Havoc on Retirement

Aug 24, 2016

(Bloomberg) -- The shift from pensions to 401(k) plans is making retirement inequality much worse—and education is what separates the haves from the have-nots, a new study has found...

Panama Papers Prompt Race for Tax Haven Dollars Before Crackdown

Aug 24, 2016

(Bloomberg) -- For years, the biggest nations have tried to to outsmart tax dodgers and reclaim trillions of dollars stashed in off-shore accounts. Many of them are tired of waiting and now just want to make peace and bring some of the money...

It's Fundamental Why Buffett Beats the Stock Market

Aug 24, 2016

(Bloomberg View) -- Eugene Fama and Richard Thaler, two legendary finance professors at the University of Chicago, recently had a debate about whether markets are efficient. Fama was generally perceived to have gotten the better of the...

Edward Jones Decides to Plant a Flag on Brokerage Fees

Aug 23, 2016

(Bloomberg Gadfly) -- The Department of Labor rocked the brokerage world several months ago when it decreed that brokers must – horror of horrors – put their clients’ interests ahead of their own...

Hedge Fund Inroads Weaken Reinsurers’ Catastrophe Defenses

Aug 23, 2016

(Bloomberg) -- It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year of claims could move...