Word: federales
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Since most ETFs only mirror a market index, such as the S&P 500, they won't outperform the index. But increasingly, investors see that outperformance quest as more of a pipe dream. "Only 20% of [mutual-fund] portfolio managers actually beat the index that they're tracking," says John...
The new focus also reveals a power shift inside the Administration, a smackdown of Treasury Secretary Timothy Geithner, White House aide Lawrence Summers and other centrists who consider populism a dirty word, and have been accused (often unfairly) of being too close to Wall Street. Former Federal Reserve Chairman Paul...
Scott Brown of Massachusetts voted for a regional cap-and-trade program two years ago as a state senator. But now he's against a federal cap-and-trade bill, and he cites the "potential tampering" by climate scientists as one reason for his change of heart. There's no...
"The Federal Reserve has pressed the cost of the capital for the banks down to zero, and they still can't earn a large profit," says top Wall Street strategist Robert Arnott of Research Affiliates. "That's a problem."
So why would we take a bill that we have that has great plans, top to bottom - everyone gets exactly what they want, and if they are not covered, they go to a hospital - why would we take that plan and then [accept] a one-size-fits-all plan where...