Outgoing director of the US Office of Government Ethics, Walter Schaub, discusses the blatant disregard of long-accepted ethics norms given by President Donald Trump and his appointees, and the need for more "teeth" in the ethics program, in today's New York Times editorial page:
In this quarter's CIO commentary, we review the Republican's progress on enacting their ambitious agenda of tax cuts, deregulation, and accelerated infrastructure spending, the positive events coming out of Europe, and what we can expect out of US, emerging market, and Singaporean equities.
Meet the Department of Labor's new Fiduciary Rule. Although it goes live today, don't get too used to it. The DOL isn't really enforcing it yet and it will likely gut it before it begins doing so. Caveat emptor remains the name of the game for retail investors.
What do the cities of Houston and Palo Alto, the state of California, University of California—Berkeley, and Apple, Facebook, Google, Tesla, Patagonia, REI, Vail Resorts, Unilever, Target, and AlphaGlider all have in common?
President Donald Trump is expected to announce any hour (or day) now, whether or not he will pull the United States out of the Paris climate agreement. While the world anxiously waited for his decision today, there were two loud statements encouraging Trump keep the US commitment to the agreement.
Happy 5/29 Day! In this blog, we review a New York Times op-ed piece by David Leonhardt that goes into the Great Recession's lasting damage to state funding of public universities, and how it has contributed to the hardships of lower- and middle-income Americans.
Quick. How much do you pay in investment fees? If you don't know, you're probably in the majority. But it's not your fault, you're busy with work and family, and if you have an investment adviser, he or she probably doesn't make it easy for you to know what you're paying. That's exactly what Andrea Fuller, an investigative reporter for The Wall Street Journal, found out when she tried to figure out how much she pays in investment fees.
RT @JoeBiden: John and I have been friends for 40 years. He's gotten through so much difficulty with so much grace. He is strong - and he will beat this.
NOTES & DISCLOSURES
1Neither asset allocation nor diversification guarantee a profit or protect against a loss in a declining market. They are methods used to help manage investment risk. 2Mutual funds and exchange-traded funds are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained directly from the fund company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.