Where Will Gary Cohn Land Next? Maybe Alongside Tesla’s Elon Musk

Goldman Sachs alum and former Trump economic adviser Gary Cohn is headed back to Wall Street — to start a hedge fund, possibly with Tesla founder Elon Musk. The former top White House economic adviser stepped down after a reported clash over President Trump’s plan to place tariffs on imported steel and aluminum. While other Goldmanites […]

Millennials Stand to Inherit $24 Trillion, But Exactly When Is Hard to Say

Millennials will inherit more wealth than did Generation X and the Baby Boomers combined. When and what they do with all that investment capital is the big unknown, say global money managers. It will be “one of the largest intergenerational wealth transfers in history,” according to UBS Wealth Management, which manages $2.8 trillion in assets worldwide. “Those […]

Famed Manager Mark Mobius Launching Frontier Market Fund

Mark Mobius, the industry-renowned fund manager, has announced that he will launch a new frontier markets fund. At a recent press conference held in Mumbai, Mobius announced that he would be spearheading an all new fund management company that will specialize in investing in companies in frontier and emerging financial markets Mobius’ new fund frontier […]

Best Short-Term Bond Fund ETFs for 2018

As short-term bond yields continue to rise, short-term bond fund ETFs may be an appropriate addition to an individual’s long-term investing strategy. Short-term bond ETFs invest primarily in investment grade corporate fixed-income investment vehicles with maturities between one and five years. In general, these ETFs are suitable for conservative investors because they are less sensitive […]

Unsure How to Make Your Brand Relevant to Investors? Talk Up Blockchain and Profit

In a bid to reignite its pop culture relevance in the dawning crypto age, and to help make cryptocurrencies legit as a form of payment, electronics and video game entertainment company Atari recently announced it will launch its own brand of cryptocurrency. The news sent shares of Atari, essentially a penny stock priced in euros, surging well […]

End of Easy Fed Money Points Toward Potential for Inflation

Since 2008 the Federal Reserve has maintained an easy money fiscal policy that has been responsible, in part, for the steady rise of the stock market as well as fostering an environment of historically low interest rates. Recent yields on Treasury bonds, however, indicate that the era of quantitative easing may be over, resulting in […]

Are Bitcoin Gains a Loss for Gold Investors?

Some people in the investment world have romanticized the lucrative and volatile nature of Bitcoin, comparing it to the California gold rush. Now experts now see a direct correlation between gold and cryptocurrency — and that might not bode well for gold long term. RBC Capital Markets researchers have detected a relationship between Bitcoin prices […]