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Friday, July 12, 2013

Reuters Money: Column: Bonds are not safe

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07/12/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Column: Bonds are not safe
(Reuters) - The old stock market cliché "sell in May, and go away" had so far proved untrue this year. Instead, it is the bond market, so often perceived as steady, low risk and dependable, that has bitten investors.
SEC upholds supervisor's ban for broker's trading
(Reuters) - Looking the other way while a broker racks up commissions by making excessive trades can have devastating consequences for his or her supervisor: a lifetime ban from the securities industry.
Column: Were Bernanke's comments a fire drill or a false alarm?
(Reuters) - Whenever Alan Greenspan was praised for delivering a clear message on U.S. monetary policy, he liked to reply something along the lines of: "If you think that, you have misunderstood what I said." Ben Bernanke prefers the opposite approach.
Column: Want to grow old at home? Technology to the rescue
CHICAGO (Reuters) - Getting old? There's an app for that.
Column: What to do when you inherit a tax mess
NEW YORK (Reuters) - When someone you love dies, the last thing you want to think about is money, yet a surprising number of people inherit tax problems along with the family china.
Don't fear end to QE3 if economy grows, commodity managers say
LONDON (Reuters) - An end to U.S. monetary stimulus may not necessarily spell doom for commodity prices if a strong U.S. economic recovery boosts demand for oil and base metals, leading commodity managers say, but gold and silver are to be avoided.
Detroit city workers, retirees push back on pensions
DETROIT (Reuters) - With the threat of a city bankruptcy looming, Detroit city workers and retirees are pushing back against the state-appointed emergency manager, filing lawsuits to limit his options and refusing to accept demands to keep details of their discussions secret.
SEC lifts longtime advertising ban for hedge funds, others
WASHINGTON (Reuters) - U.S. regulators on Wednesday lifted an 80-year-old ban on advertising by hedge funds, private equity firms and other companies, paving the way for asset managers to reach a new swath of investors through television and the Internet.
Ignore the bad news on emerging markets
(Reuters) - Truth is, emerging markets haven't just been bad but are likely to get worse, especially in comparison to developed markets.
Anti-tax advocate Norquist backs latest U.S. tax revamp effort
WASHINGTON (Reuters) - Grover Norquist, the influential anti-tax activist, on Wednesday threw his support behind the latest bid by Senate tax writers to overhaul the U.S. tax code. But he added caveats that highlight the challenges lawmakers face in their quest.
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