Opinion: Plain Old FOMO Pushing Wall Street Toward Crypto

Goldman Sachs, the venerated investment banking firm whose chiefs dominate policy and sit on important financial boards in government, may not have jumped into cryptocurrency market. Chances are, it was pushed. Wall Street already has a big problem with fear of missing out, or FOMO. Now it appears that a decision to enter the Bitcoin […]

Gundlach: Bond Bull Market Teeters as Stock Sell-off Signals Change

Bond guru Jeff Gundlach, founder of  DoubleLine Capital, not long ago said that the bond bull market would end if yields on the 10-year U.S. Treasury approached 3%. Yields already have crossed the 2.6% level, which Gundlach predicted would be a negative headwind for stocks. Currently, the 10-year is sitting just beneath this level due to […]

Financial Regulator FINRA Zeroes in on High-Risk Brokers

The Financial Industry Regulatory Authority (FINRA) has taken new steps to identify and weed out high-risk brokers. Under pressure from both investors and lawmakers, the industry-run regulator has created a dedicated examination unit. The unit already has identified between 100 and 200 rogue reps. This is a significant improvement over previous FINRA security measures, which […]

Hedge Funds Skeptical as Cryptocurrency Trade Wavers

Are the good times over? That’s the question on the mind of many cryptocurrency hedge fund managers. Bitcoin’s phenomenal thirteenfold rise in 2017 helped these firms provide astronomical returns for their clients. Data from an index of 17 hedge funds reveals an almost 3,000% rise in 2017. By comparison, the average return of the worldwide […]

Big Banks Go Robo for Wealth Management in 2018

JPMorgan Chase will begin offering robo-advisor wealth management in 2018. The tentative launch date is March for their new financial technology advisement services. Chase is not the only financial industry giant to begin offering robo-advisor services either. In 2017 Merrill Lynch, Morgan Stanley and Wells Fargo successfully launched versions of their own robo-advisor services. Robo-advisors are […]

4 Solid Dividend Stocks to Diversify Your Portfolio

Dividend stocks are the bread and butter of any serious investment portfolio, and large-cap U.S. stocks are often great picks for dividend income. Stocks in Dow Jones Industrial Average may be the wisest investment you can make in 2018, particularly with long-term money. The index of 30 largest publicly traded companies in the USA are […]