By Jason Zweig | Dec. 22, 2016 3:34 pm ET Image credit: Frederic Edwin Church, “Rutland Falls, Vermont” (1848), White House Historical Association, Collection of the White House (Wikimedia Commons) When an inmate in federal prison reminisces about what you were like as a child, you pay attention. For the past couple years, I’ve been...
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By Jason Zweig | Dec. 14, 2016 9:00 pm ET Image credit: “The Sleeping Merchant Robbed by Monkeys,” engraving after Pieter Bruegel the Elder, ca. 1600-1650, Rijksmuseum The decline of the mutual-fund industry, so compellingly documented by my colleagues at The Wall Street Journal, didn’t happen overnight. You should have...
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Image Credit: Christophe Vorlet By Jason Zweig | Dec. 16, 2016 11:11 am ET The most basic law of bond investing — when interest rates go up, prices of bonds and bond funds go down — got violated this past week. When the Federal Reserve announced on Wednesday that it was raising short-term rates and expected to raise them three times next year, prices of...
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By Jason Zweig | Dec. 14, 2016 9:00 pm ET Image credit: “Gula (Gluttony),” detail, Pieter van der Heyden after Pieter Bruegel the Elder, 1558, National Gallery of Art For years, mutual-fund companies focused far too much of their energy on “asset-gathering,” trying to grow as large as possible as fast as possible. The...
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By Jason Zweig | Dec. 14, 2016 9:00 pm ET Image credit: Pixabay Mutual-fund executives recently held a pow-wow trying to win back loyalty and trust from investors who have been leaving them in droves. The answers, as Josh Brown blogged earlier this week, are simple. But they aren’t easy. Being different doesn’t come naturally to people,...
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