Why Stocks Are Soaring: A Massive, $64 Billion Buy Order

Posted on
pension20rebal20q4202018

Last Friday, when stocks were tumbling, we reported “some good news for the bulls” which was lost in the overall chaos over the latest mutual fund liquidation discussed earlier. And no, we did not anticipate that President Trump would activate the Plunge Protection Team over the weekend: the good news in question was that as… Read More

"Like Walking On Eggshells" – Women Say #MeToo Is Hurting Their Prospects For A Wall Street Career

Posted on
2018.12.03wallstreet

Considering Wall Street’s reputation as a bastion of sexism and conservative values, the big banks and their peers on the buy side have largely avoided the embarrassing sexual misconduct scandals that have plagued other industries (like Hollywood, where seemingly every man – serial rapists and controlling boyfriends alike – who has ever mistreated a woman… Read More