BILL SINGER: [A]s to American goods, that's an intriguing question. What are we still manufacturing here that foreigners want? Seriously, how many so-called American goods are actually Chinese-manufactured or from other foreign markets? Seems to me that the U.S. is largely a provider of services and intellectual property these days. One way or the other, there is globalization ongoing and that has altered traditional views of what it means when we say that a product is from a particular country. Similarly, Americans don't seem to be as spendthrift as in years past--partially because so much expendable income has gone up in flames. More pricey foreign items that are viewed as "luxuries" may find it harder to attract the U.S. consumer. . .
STREET'S LEADING ONLINE COMMUNITY
As a marriage dissolves, the wife instructs Wells Fargo to liquidate the joint account and forward 50% of the proceeds to her. Seems fair, no? Pursuan... Read On
A former UBS financial advisor (a top producer) was fired for allegedly violating compliance policies. The advisor tells a markedly different story.... Read On
In a recent FINRA regulatory settlement, a former supervisor was charged with having been aware of red flags of potentially unsuitable sales of liquid... Read On
Recently, the Commodity Futures Trading Commission published both a Staff Advisory and a Press Release that articulated its observations and disclos... Read On
FINRA Took Wells Fargo Stockbroker Outback to a Bar and SEC Says It's The Last Round (BrokeAndBroker.com Blog) https://www.brokeandbroker.com... Read On