Image Credit: Christophe Vorlet By Jason Zweig | Aug. 31, 2012 8:14 p.m. ET Bad is the new good. On Monday, Tiffany & Co. announced that its quarterly earnings had fallen one penny a share short of Wall Street’s expectations and that profits for the full year would run 10 to 15 cents lower than the luxury retailer had previously indicated. The...
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Image Credit: Christophe Vorlet By Jason Zweig | Aug. 24, 2012 5:05 p.m. ET Investors reaching for yield should always bear in mind the warning label on stepladders: “DANGER. DO NOT STAND ON TOP STEP.” Just look at what happened this past week to investors in several so-called royalty trusts. These instruments, which collect and...
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By Jason Zweig | July 27, 2012 12:00 am ET Image credit: Fallen angels, detail, “Le Mirouer historial,” Vincent of Beauvais (French, 15th century), Bibliotheque Nationale de France, Paris Overheard in midtown Manhattan at the lunch hour: “Another day, another financial scandal. New regulations, prosecution, getting hauled up in front of...
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Image Credit: President Franklin D. Roosevelt signing the Glass-Steagall Act (1933), Library of Congress By Jason Zweig | July 27, 2012 4:37 p.m. ET Bank stocks have been stinking up the market for years. Would breaking up the companies help unlock some value for investors? This week, Sanford Weill, the mogul who built Citigroup into a giant...
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By Jason Zweig | July 24, 2012 7:00 am ET Image credit: “Fool,” (detail), Francesco da Castello (1481), MS G.7, fol. 18r, The Morgan Library My column this past weekend explored the odd paradox that the frontopolar cortex – an advanced part of the brain, critical to long-term planning, that appears to help make Homo sapiens the most...
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