If you think bonds are too dangerous now, think again
https://alaricsecurities.com/think-bonds-dangerous-now-think/
A short-term bond fund might work for you if you’re looking for income. You’ve probably read recent headlines telling you to stay away from bonds because interest rates are rising. But such conventional wisdom might ...
How a Russian Banker’s $25 Million Bonus Led to 12 Years in Jail
https://alaricsecurities.com/russian-bankers-25-million-bonus-led-12-years-jail/
Ex-Otkritie trader Urumov sentenced in $150 million fraud case Wife Yulia Balk was acquitted of one count of money laundering After a London judge told George Urumov he’ll spend the next 12 years in jail ...
GM plans to invest at least $1 billion in U.S. factories, adding 1,000 jobs
https://alaricsecurities.com/gm-plans-invest-least-1-billion-u-s-factories-adding-1000-jobs/
General Motors Co. this week will announce plans to invest at least $1 billion across several U.S. factories, two people familiar with the plan said, a move aimed at underlining its commitment to U.S. manufacturing ...
5 overlooked stock picks for 2017 from top fund managers
https://alaricsecurities.com/5-overlooked-stock-picks-2017-top-fund-managers/
Ready to play the new commodity cycle? Or maybe buy into Trump’s defense-spending plans? Or even bet on one of Europe’s most hated airlines? According to a group of top fund managers, those plays are ...
How Trump and Brexit are shaking up investment portfolios for 2017
https://alaricsecurities.com/trump-brexit-shaking-investment-portfolios-2017/
A lot of things happened in 2016 that most people didn’t see coming: Prince and David Bowie died. The Chicago Cubs won the World Series for the first time in 108 years. And among economic ...
China clears key hurdle to buy Chicago Stock Exchange
https://alaricsecurities.com/china-clears-key-hurdle-buy-chicago-stock-exchange/
China just moved a step closer to acquiring one of America’s oldest stock exchanges, despite security concerns raised by some in Congress. This week a U.S. panel that examines foreign deals for potential national security ...
Here’s where contrarian investors plan to make their money in 2017
https://alaricsecurities.com/heres-contrarian-investors-plan-make-money-2017/
It’s effectively the last Friday before Christmas, and not much is stirring. That means it could be the start of the holiday exodus, when investors pocket their gains and get ready to deck the halls. ...
Two traders arrested over alleged manipulation of more than 2,000 stocks
https://alaricsecurities.com/two-traders-arrested-alleged-manipulation-2000-stocks/
Joseph Taub and Elazar Shmalo allegedly used dozens of accounts at several brokerage firms in bouts of manipulative trading activity. Two New Jersey-based traders were arrested on Monday for allegedly manipulating prices of more than ...
Stock benchmarks just did something they haven’t done in nearly 20 years
https://alaricsecurities.com/stock-benchmarks-just-something-havent-done-nearly-20-years/
Dow, S&P 500, Nasdaq Composite, Russell 2000, Dow transports all close at all-time highs on the same day. Five major U.S. stock-index benchmarks finished at records on the same day—something that hasn’t happened in more ...
Mortgage rates soar to fresh 2016 high, Freddie Mac says
https://alaricsecurities.com/mortgage-rates-soar-fresh-2016-high-freddie-mac-says/
Rates for home loans rose for the sixth week in a row, mortgage finance provider Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 4.13% in the Dec. 8 week, up five basis points during ...