LETFs (leveraged exchange traded funds) may contribute to stock volatility in the same way that portfolio insurance contributed to the 1987 stock market crash, according to recent research done by Tugkan Tuzun at the U.S. Federal Reserve. He argues that the same positive feedback loops, especially during the final hour of trading, exacerbate high volatility, though it may not have a significant effect on the market during times of relative stability.
India's large infrastructure deficit and the need for fixing it is almost universally known and accepted. I've also written about it in my book Investing in India: A Value... Read More
Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Swiss drugmaker Novartis AG (ADR) (NYSE:NVS) (VTX:NOVN) have announced an amazing development, one sure to be a significant point of differentiation in Google’s plans... Read More
Today is earnings day for several firms. Here are our top picks: The Home Depot Inc. (NYSE:HD) reported a profit of $1.04 billion for the first quarter of 2012 as it... Read More
The primary goal of dividend growth investors is to generate a rising stream of dividend income over time. With this in mind, dividend cuts are a dividend growth investor’s... Read More
After a few months of relative calm, Greece is back in the headlines as the country moves towards another showdown with its bailout creditors. Greece’s new troubles come after a... Read More
Overconfidence: "I'm Not Cocky, I Just Know I'm Going To Win!" by Lukas Neely, Investor Vantage “We don’t like complexity and we distrust other systems and think it many times... Read More
Many well-known hedge fund managers give to charity, and some have even established their own foundations to distribute their millions of dollars. Dan Loeb of Third Point is one... Read More
Sir Michael Hintze of London-based CQS Investment Management said the “new normal” in the price of oil could last for the next decade due to a structural shift in... Read More
Institutional equity brokers have been having a difficult time for the last eight years, and it’s not getting better. Trading commissions paid by the most substantial hedge funds and... Read More
After a quarter of slightly negative performance, down just under one percent for the quarter ended September 30, the Loeb Arbitrage Fund sees a fundamental shift in merger activity. ... Read More
