Retirees Still Cannot Afford a Walloping
With securities markets in a heightened state of volatility, it’s a great time to ask yourself how exposed your portfolio is to risk. Most...
This Money Market Fund is Paying 47 Times More than its Competition
Fidelity investments may be sparking a war among money market funds by offering a 1.91% yield on money in new brokerage and retirement accounts....
Who’s Really Moving the Market?
After a recent spate of losses in stock markets, a wave of buying began, but it wasn't retail investors stepping in to take advantage...
Luxury Buyers Race to Beat New NYC Taxes
As though New Yorkers weren't taxed enough already, New York City has imposed a new set of transfer taxes on properties selling for $2...
Post-Financial Crisis Regulation Could Worsen the Next Crisis
At the Financial Times, Amin Rajan explains that a lack of liquidity, which was strangled by post-2008 Financial Crisis regulation, could deepen any future...
Do Lower Mortgage Rates Matter if House Prices Are Still High?
Mortgage rates are hitting lows not seen since 2016. But do low rates even matter if housing prices are unaffordable? MarketWatch's Jacob Passy reports:
“There...
Are Munis a Shelter from the Storm? Not so Fast
The Wall Street Journal reports that Americans in high tax states like New York and California are jumping into municipal bonds to shelter their...
This Has Never Happened to German Bonds Before Now
For the first time ever, Germany's yield curve is completely negative. Bunds from 2 year to 30 year are all yielding negative rates. Bloomberg's...
Can You Guess Which Regulator is Upset With Elon Musk Now?
Back in September of 2018, the SEC sued Elon Musk over tweets in which the agency claimed he had made “false and misleading statements.”...
Can You Guess Where Financial Firms Are Going When they Flee the Northeast’s High...
If you answered Palm Beach County in Florida, you're right. When tax reform capped state and local tax deduction from federal returns, financial firms...