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Stocks and bonds are moving in the opposite direction more so than anytime in the last 10 years.

Fidelity has rolled out the next-generation of its Fidelity Investments for iPad app, available for free at the App Store or by updating an existing Fidelity iPad app.

Nearly nine out of 10, 87%, of Americans think the country will fall into another recession within the next two years, a Country Financial survey finds. However, only half, 51%, say they are prepared to handle it financially.

Calling the odds of a recession in the U.S. and beyond “uncomfortably high,” Morgan Stanley Smith Barney says it has shifted to an overweight position in safe haven assets and is underweighting risk assets. The change is “the most significant change to our tactical asset allocation in more than two years,” Morgan Stanley Smith Barney’s Chief Investment Officer Jeff Applegate and two colleagues wrote in a November markets report.

NEW YORK—“We believe in back-to-basics, commonsense investing with the goal of achieving some return above inflation while seeking lower volatility,” said Suzanna Hutchins, investment manager of global funds at Newton, an affiliate of BNY Mellon.

The Chase unit recommended risky investments to unsophisticated investors with little or no risk tolerance, FINRA said.

Not all Wall Street professionals will see a pay cut. Advisors and private bankers working directly with high net worth clients will likely see bonuses that are flat or even 5% higher.

Calling the odds of a recession in the U.S. and beyond “uncomfortably high,” Morgan Stanley Smith Barney says it has shifted to an overweight position in safe haven assets and is underweighting risk assets.

The deficit reduction “supercommittee” in Congress appears increasingly unlikely to make any decisions on taxes before its impending November deadline.

Global X Funds has launched the Global X Social Media Index ETF (SOCL), which it says is the first ETF that will globally focus on social media companies. The fund will cover companies that provide social networking, file sharing and other web-based media applications.