Expectations that the Federal Reserve will raise interest rates leads to biggest selloff since '10
Regulator says a decision will come in November.
ETFs that lend portfolio securities can generate additional income, but disclosure on those activities isn't forthright
90% of the assets put in ETFs in quarter went to low-cost provider.
<i>Friday's menu:</i> Consumers still left in the loan lurch. Plus: Which manager just jumped into the liquid alts pool? Some stocks for a rising-rate cycle; commodities are hot again; European banks ride the wave; and Merrill trims its housing outlook.
With two money manager acquisitions in the bank this week, industry watchers see more on the way. Which firms are top targets?
<i>Breakfast with Benjamin:</i> Fighting technology with technology. Plus: Know your ETF or don't invest, how not to advise clients, a pyramid to financial success, biotech on the rebound, and Russia addresses meat shortage with the Easter turkey
A selloff in the bull market's biggest winners overshadowed optimism on Federal Reserve monetary stimulus.
<i>Breakfast with Benjamin:</i> It's a bad time for stocks, based on the presidential cycle. Plus: The Nasdaq tests correction territory; most money managers think U.S. stocks are pricey (but there is a market they love); a tech ETF for nervous investors; what advisers wish investors knew; and having delicious fun with Crème Eggs.
