As we hurtle toward a future dominated by fintech, it’s important to understand how they work.
Diversification is automatic with robo-advisors – but there’s a serious pitfall they’re not telling you about.
This could wipe out your entire portfolio…
Rebuilding America is the Trump administration’s top business priority.
The infrastructure sector is now a major investing opportunity area, because it is the central pillar of Donald Trump’s economic plan.
No matter who wins election 2016, there are a few smart, short-term bets to make now and profit on the outcome.
Hedge funds are bleeding out, but their mistakes are your opportunity.
Socialist monetarism: (sōSHələst mänidərizəm) the takeover of the free world by an oligarchy of bankers
The S&P 500 has outperformed hedge funds every year since 2008 – and investors are deserting them in droves.
I was excited to get news on Friday that the U.S. Department of Justice was breathing down the neck of ratings agency Moody’s Corp. The two parties are “negotiating” over allegations of fraud relating to mortgage bonds that Moody’s rated AAA from 2004 to 2007. As we all know, the bonds (and their sterling ratings) turned out to be beer-battered, deep-fried garbage in most cases.
Moody’s shares had been coasting along near a 52-week high of $110, but they gapped down to $102.60 on the news and haven’t come back since.
They’re not likely to, either.
I’m thinking Moody’s has a ways to go before it gets out of these woods, meaning its stock could sink a lot lower.
We’ll all get the chance to make some money on this lemon, but first let me answer some burning questions about this company that I don’t see anyone else asking, like why Loretta Lynch and the Justice Department picked now, of all times, to turn up at Moody’s front door.
Hedge funds’ massive underperformance isn’t just because funds are no longer hedging against market moves.