Image Credit: Christophe Vorlet By Jason Zweig | July 26, 2013 7:26 pm ET Earlier this week, the Dow Jones Industrial Average hit 15567.74, a new high. That was the 28th time this year the Dow closed at a record. At these all-time-high prices, just how much riskier stocks are than alternatives like bonds, cash or gold depends largely on...
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By Jason Zweig | 7:47 pm ET July 25, 2013Image Credit: Christophe Vorlet In Thursday’s indictment of SAC Capital Advisors on insider-trading charges, there is plenty of blame to go around. The giant hedge-fund manager and its founder, Steven A. Cohen, deny wrongdoing, and Mr. Cohen wasn’t criminally charged; a spokesman for SAC didn’t respond to a...
Read MoreImage credit: Map of the City of Detroit in the State of Michigan, 1835, Library of Congress By Jason Zweig 5:32 pm ET July 19, 2013 The massive bankruptcy of Detroit this week could put bondholders in jeopardy of not getting all their money back. It isn’t the first time that the holders of bonds issued in Michigan have had...
Read MoreBy Jason Zweig | 6:09 pm ET July 12, 2013Image Credit: Christophe Vorlet With Federal Reserve Chairman Ben Bernanke signaling again this week that interest rates are likely to stay at rock-bottom for the foreseeable future, where can you turn for even a trickle of investment income? Just as the removal of oxygen from a room can make you lightheaded,...
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By Joe Light and Jason Zweig July 2, 2013 10:10 p.m. ET Maybe the Wall Street financial-product machine really can run out of new ideas. Just 70 exchange-traded funds and other exchange-traded products were launched from Jan. 1 to June 30, according to IndexUniverse LLC, a research firm in San Francisco. The total is down 44%...
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