Stock rally is sending investors back into hedge funds

After years of losing both clients and clout in financial markets, signs are emerging that hedge funds are back in favor in the U.S. In the past few months, investors such as George Soros’s family office and the Texas pension fund have been plowing cash…

Gold market focuses on yield curve control

Now that futures have cracked $1,800 an ounce, the global gold market wants to know what the Federal Reserve may do next to rescue the U.S. economy, with minutes due Wednesday that are expected to shed light on the central bank’s willingness to embrace yield…

Closing Bell: Today’s biggest small cap movers on the ASX

A quick wrap of the key winners and losers on Wednesday, July 1. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 874 stocks rose, 463 declined and 776 were unchanged.   WINNERS…

Amateur investors speculating on stocks have pushed markets skywards, but angered some of investing’s biggest names

Dave Portnoy has become the poster-child of a surge in day trading, also dubbed “Robinhood trading” that has helped push markets to record highs and led some to speculate that the next great bubble may be inflating in the markets. Portnoy has gained widespread attention…

Stifel snags $935 million adviser team from Merrill Lynch

Stifel Financial Corp. announced Friday that an adviser team managing $935 million in client assets is leaving Merrill Lynch to join the firm’s broker-dealer subsidiary, Stifel Nicolaus & Co. Inc. The team, which consists of four long-time Merrill Lynch advisers, marks the third group of…