In "The Future for Investors", Professor Jeremy Siegel provides straightforward, timely insights into matters affecting the financial markets and your wealth.
The headlines are scary. Standard and Poor's warns that UK gilts (British Treasury bonds) may lose their AAA rating and indicates that U.S. government bonds may also be downgraded. Bill Gross, PIMCO's "bond king," says emphatically
A few weeks ago Robert Arnott, chairman of Research Affiliates, caused quite a stir by publishing a paper in the May/June edition of the 'Journal of Indexes' entitled " Bonds: Why Bother ". In the paper Arnott concludes: "For
On February 25 I published an op-ed piece in the ‘Wall Street Journal' entitled, " The S&P Gets Its Earnings Wrong ." In that article I said that, although the S&P weights each individual's stock by its market capitalization to
Bank CEOs get no respect. When CEO Vikram Pandit of Citigroup decided to suspend dividends on preferred shares in response to calls to build up common equity, Citi's shares collapsed. When Bank of America CEO Ken Lewis categorically states that
As the crisis in the U.S. banking system deepens, an idea has popped up among policymakers. The concept is an "aggregator bank," a bank run by the government that will buy the "bad" loans and impaired mortgage-backed securities