Photo credit: David Hammons, “Too Obvious” (1996), Studio Museum of Harlem / Google Art Project By Jason Zweig 11:18 am ET May 28, 2013 In this interview, the renowned short-seller Jim Chanos points out that the average investor is right not to trust the integrity of the financial markets. (Someone showed a nice touch by...
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By Jason Zweig | May 25, 2013 12:01 a.m. ET That was close. The U.S. stock market escaped the selloff in the Japanese market—at least for now. When the Nikkei Stock Average dropped 7.3% this Thursday, the Standard & Poor’s 500-stock index fell by as much as 1.1% during the day, only to finish down a hair. But the plunge in Japan, triggered...
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By Jason Zweig May 22, 2013 10:00 am ET Last weekend’s Intelligent Investor column looked at the rare but growing occurrence of investors buying a stake in (or lending money to) their financial adviser. Borrowing from clients is prohibited under the professional standards set by the CFP Board, which licenses and disciplines advisers who hold the...
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By Jason Zweig 11:00 am ET May 21, 2013 If the Dow closes up today, it will be the 19th Tuesday in a row on which the index has risen, my colleague Steve Russolillo and Zero Hedge note this morning. The belief that stocks do better on the second day of the trading week already has a nickname, Turnaround Tuesday, and has caught the attention of...
Read MoreBy Jason Zweig | May 17, 2013 5:46 p.m. ET Image Credit: Christophe Vorlet Millions of investors already invest with financial advisers. Now some are investing in them. With stocks and bonds near record highs, gold tumbling and cash earning zilch, a few investors have taken the bold step of either buying an ownership stake in their adviser’s firm or...
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