All The Reformed Broker
- Big brokerage firms aren't paying attention to their clients
As financial firms become bigger and bigger, they are focused on corporate profitability over the satisfaction of their brokers and clients.
- The Apple stock roller coaster
Up $25 in early trading, Apple stock plummeted late in the day, dragging the rest of the market down with it.
- Obama's budget plan hammers investors
The president's plan to raise tax revenue could mean disaster for the equity markets.
- The end of the small brokerage firm
The era of the small brokerage firm is gradually coming to a close as several of the most well-regarded boutique brokers call it quits.
- The hedge fund mini-crisis
The hedge fund industry may be just as overbuilt as the credit and housing markets were.
- How to buy and sell Facebook stock
I have no idea how brokers will parcel out the meager amount of Facebook shares they get, but if I were a broker, this is how I'd sell Facebook.
- Is the end of Wall Street nigh?
Wall Street investors couldn't even manage their own money in the economic crisis of 2008, so now, post-crisis, we are way less inclined to allow them to manage ours.
- Wall Street's return on equity problem
The conditions of the early 2000s made big banks great profit machines. Now they aren't looking so good.
- Hedge funds get some heavy trimming
Investors are yanking millions out of the hedge fund industry, fourth quarter data shows. The trend will continue unless hedge funds start performing more effectively.
- Jobless claims lowest since 2008
The number of people seeking unemployment benefits dropped by 50,000 applicants to 352,000–the lowest since April 2008
- Biotech stocks are the market's breakout stars
The action in the biotech sector of the stock market is huge, but risk-averse investors should proceed with caution.
- S&P downgrades the Eurozone bailout fund
The beleaguered nations of Europe created a program called EFSF (European Financial Stability Facility) to help sovereign debt issuers and Euro Zone banks cope with the ratings agency cuts to their debt ratings and rising interest rates. But yesterday, the S&P downgraded the EFSF itself.
- Bruce Springsteen, Occupier
The Boss has a new album coming out that's heavily focused on economic justice
- Success in the markets means picking the best stocks
Poor stock selection is one of the biggest mistakes a trader can make. But how do you spot the good ones?
- Stock prices rally, but investors drop out
Stock prices have been buoyant in the opening weeks of 2012, but rallying stock prices may not stop investors from staying away from the markets
- Jon Huntsman is right about Wall Street
Huntsman criticizes the bailouts and proposes a breakup of Wall Street's biggest banks. Why isn't this guy leading the polls?
- A brave new mutual fund
If the mutual fund industry is to survive in anything even remotely like its present form, it's going to have to get tough and creative. At least one firm is stepping up to the plate.
- The 'Moneyball' effect hits the markets
Our collective ability to process raw data from disparate sources has vastly improved, which will increase productivity and create more effective investments.
- The Fed's new openness policy will create confusion, not clarity
Economists think that the Federal Reserve's new policy to be more transparent will only create noise and confusion in the markets
- For the economy, a new year with old problems
The world's fiscal issues will not simply resolve themselves by virtue of the fact that a new year has begun