John Bellows, a portfolio manager at Western Asset, says that the market consensus that the Federal Reserve will hike rates in December is misplaced. “You can be less convinced it’s going to happen,” he said during a panel...
Schwab’s chief technology officer predicts financial services firms will connect to the “rewired” investor with chat bots, virtual reality and machine learning, and that “we’re going to move past investment management as a focal point in five years.”
“One thing I’ve learned is that in the investment business, when you hear the word ‘never,’ it’s about to happen,” said bond guru Jeffrey Gundlach to a room full of advisors at Schwab IMPACT.
SEC Chair Mary Jo White wants her agency to have a bigger role in regulating Treasuries.