The VelocityShares Daily Inverse VIX Short-Term exchange-traded note, ticker XIV, which lets investors bet on continued low volatility, fell as much as 4.5 percent Thursday, after closing at a record high the day before.
Here is a survey of the darkening investment landscape painted by banks and asset managers.
Michael Hartnett changes his timeline for a correction, EquityZen values Betterment at $1 billion and IHT Wealth Management partners with nVision Wealth Group.