Fixed income

The margin requirements apply to Merrill Lynch wealth management clients and individual traders using the Merrill Edge platform.

Robinhood Markets, the trading app that’s popular with investors behind this month’s wildest stock swings, has drawn down some of its credit lines with banks, according to people with knowledge of the matter.

Reddit users helped fuel a blistering rally in GameStop, the video game retailer, burning short sellers and hedge funds.

“As of today, Wells Fargo Advisors is not allowing solicitation of those two securities,” a spokesperson for the bank said Wednesday.

The firm said high volume may have curtailed access to its mobile app and urged clients to use its other platforms.

“There is an advantage to funding the debt, especially when interest rates are very low, by issuing long-term debt," Janet Yellen said during her Senate confirmation hearing.

The pending nominations send a clear signal that the rule-cutting and lax enforcement the industry has grown accustomed to under President Trump are over.

For investors, Biden represents an attitude shift from the era of Trump, who famously made the Dow a barometer of his success.

The biggest losses this year came from sectors that suffered the most in lockdown.

While broadening stock-market gains may one day provide more fertile ground for picking equities, right now fundamental managers are struggling.

Global equities notched their largest monthly gain since at least 1988, while multiple major benchmarks are at or near all-time highs.

Once a laggard, the index and its cyclical components have shot up 13% since Halloween, putting it on track for the best month since 1987.

A 50% allocation to equities for someone in their 60s still leaves someone with a lot of risk right before retirement, writes Jared Dillian.

“Their top holdings are focused on those companies that have benefited in a post-COVID world,” an expert says.

It’s a dilemma that could reshape the classic investing strategy as the Fed holds rates near zero for the foreseeable future.

The Managed Funds Association urged the agency to do more analysis before moving forward.

Average portfolios tend to be traditional and helped stabilize markets during the COVID-19 crash, new research shows.

Chairman Jerome Powell and other officials have stressed that recovery is highly dependent on the nation’s ability to better control the coronavirus.

Investors are placing their bets on value funds after the category posted its worst quarter this century in the wake of the coronavirus pandemic.

Investors are trying to eliminate the cash drag in their portfolios, says Dan Suzuki, deputy CIO at Richard Bernstein.