When Detroit became the biggest city in U.S. history to file for bankruptcy last month, it turned public attention to the municipal-bond market, where cities and states go to borrow money. Was this sleepy, often-overlooked area of the financial world actually dangerous?
Hedge funds were once the rock stars of the financial industry. The smartest people worked for them. The wealthiest gave them their money. They were an easy path to fortune.
After getting bludgeoned in the financial crisis, Morgan Stanley is staking its future on the steadier, if less spectacular, business of wealth management.
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"articles": [
{
"uri": "/2013/08/05/navigating-municipal-bonds-after-detroit/",
"title": "Navigating municipal bonds after Detroit",
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"summary": "When Detroit became the biggest city in U.S. history to file for bankruptcy last month, it turned public attention to the municipal-bond market, where cities and states go to borrow money. Was this sleepy, often-overlooked area of the financial world actually dangerous?",
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},
{
"uri": "/2013/08/01/sp-500-crosses-1700-for-the-first-time/",
"title": "S&P 500 crosses 1,700 for the first time",
"byline": "Christina Rexrode",
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"prettyDate": "August 01, 2013",
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"summary": "Stocks rose Thursday morning after an encouraging employment report, sending the Standard & Poor's 500 index above 1,700 points for the first time.",
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{
"uri": "/2013/07/31/hedge-funds-rock-stars-fall-back-to-earth/",
"title": "Hedge funds rock stars fall back to earth",
"byline": "Christina Rexrode",
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"prettyDate": "July 31, 2013",
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"summary": "Hedge funds were once the rock stars of the financial industry. The smartest people worked for them. The wealthiest gave them their money. They were an easy path to fortune.",
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},
{
"uri": "/2013/06/10/sp-upgrades-outlook/",
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"prettyDate": "June 10, 2013",
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"summary": "The Standard & Poor's ratings agency said Monday it's getting more optimistic about the U.S. economy. But investors just yawned.",
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{
"uri": "/2013/06/10/when-building-a-portfolio-are-brics-still-a-buy/",
"title": "When building a portfolio, are BRICS still a buy?",
"byline": "Christina Rexrode",
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"prettyDate": "June 10, 2013",
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"summary": "Down, down, down. That's the direction of stocks in the BRICS economies, which were investment darlings last year but now seem deadweights.",
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{
"uri": "/2013/05/22/median-ceo-pay-rises-to-9-7-million-in-2012/",
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"byline": " Christina Rexrode ",
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"prettyDate": "May 22, 2013",
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"summary": "CEO pay has been going one direction for the past three years: up.",
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{
"uri": "/2013/05/21/jpmorgans-dimon-survives-referendum/",
"title": "JPMorgan’s Dimon survives referendum",
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"prettyDate": "May 21, 2013",
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"summary": "Shareholders at JPMorgan Chase will let Jamie Dimon, the chairman and CEO, keep both his jobs.",
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{
"uri": "/2013/04/25/banks-slashing-jobs/",
"title": "Banks slashing jobs",
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"prettyDate": "April 25, 2013",
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"summary": "Banks aren't the big jobs machines they used to be.",
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{
"uri": "/2013/04/25/stocks-edge-higher-as-job-market-improves/",
"title": "Stocks edge higher as job market improves",
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"prettyDate": "April 25, 2013",
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"summary": "The engines driving the stock market were more tepid than turbocharged Thursday, but they were enough to help stocks rise for a fifth straight day.",
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{
"uri": "/2013/04/18/morgan-stanley-stakes-future-on-wealth-management/",
"title": "Morgan Stanley stakes future on wealth management",
"byline": "Christina Rexrode",
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"prettyDate": "April 18, 2013",
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"summary": "After getting bludgeoned in the financial crisis, Morgan Stanley is staking its future on the steadier, if less spectacular, business of wealth management.",
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