(Bloomberg) -- "A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts," Burton Malkiel wrote in his 1...
(Bloomberg) -- The summer of 2016 was very good to America’s bond investors. Trading was leisurely enough, volatility was low and profits rolled in nice and easy as prices climbed higher...
(Bloomberg) -- Prospective buyers at one Upper East Side condo project are quietly being offered a 5 percent discount. At an almost-completed Midtown building, five-bedroom homes will be divided into smaller units. Brokers whose clients sign...
(Bloomberg View) -- A recent Sanford Bernstein research report titled "The Silent Road to Serfdom: Why Passive Investing is Worse Than Marxism," besides starting quite the kerfuffle in the financial world, raises some eternal...
(Bloomberg) -- Retailers use Labor Day to sell us "elegant" fire pits and pom-poms for handbags (yes, an accessory for an accessory). That isn't quite what the holiday is about. It's about work. So instead of adding to debt...
(Bloomberg) -- The first reboot of S&P 500 Index group weights in almost two decades has arrived, shaking up stock portfolios and conjuring an industry out of real estate investment trusts that will infuse at least one lightweight ETF...
(Bloomberg) -- Bill Gross is recommending the Federal Reserve raise interest rates twice by as early as March. The market doesn’t expect that degree of monetary tightening even by the end of 2017...
(Bloomberg) -- What is the most resilient parasite? Bacteria? A virus? An intestinal worm? An idea. Resilient... highly contagious. Once an idea has taken hold of the brain it's almost impossible to eradicate...