Topic: Merrill Lynch & Co. Inc.

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  • The Reformed Broker Fund managers show trend toward the risk-averse

    The June Survey of Fund Managers has been released by Bank of America Merrill Lynch, and it shows some classic late-stage downtrend behavior, as well as a new emphasis toward strongly risk-averse behavior.

  • Leftist Greek leader ready to walk away from EU bailout deal

    Alexis Tsipras has the presidential mandate to end the Greek political impasse by forming a governing coalition by Thursday.

  • Opening day for Occupy Wall Street: Act 2

    Occupy Wall Street protesters plan demonstrations in more than 100 cities, hoping to rekindle the movement after months in relative hibernation.

  • Oil prices back up over $103 a barrel

    Oil prices in Europe edged up in trading in anticipation of talks with Iran over its nuclear program. Oil prices peaked at $110 last month.

  • Stocks' worst day in 2012: Dow loses 213

    The Dow slipped 213 to 12715, its biggest drop of the year and third triple digit loss in four days.

  • Goldman resignation tip of iceberg

    While Greg Smith's public resignation has attracted media attention, regulators and Wall Street insiders say Goldman Sachs' problems come as no surprise.

  • A hard landing for China? Six top economists weigh in.

    China's economy grew 8.9 percent last quarter, the slowest pace in 2.5 years, and on Monday Premier Wen Jiabao cut the nation's growth target for 2012 to 7.5 percent, an eight-year low. Worries of a Chinese hard landing, defined as a sharp and sudden deceleration in growth, have gained momentum. However, China has been proactive in its efforts to prevent a hard landing.  It has fine-tuned its policies to curb inflation, boost domestic consumption, and prevent a housing bubble. The Chinese government intervened heavily from 1989 to 1991 to cool its economy, causing real growth in gross domestic product to plunge to 4.1 percent in 1989, from 11.3 percent the previous year. It stepped in again in 1993. And some argue that this time around it's no different, and that the government knows exactly what it is doing. So we asked six top China analysts whether they saw a hard or soft landing scenario and what we should keep an eye on.

  • The Circle Bastiat How to invest in the housing market. Really.

    Greg Lippmann, made a star by author Michael Lewis in The Big Short, for making millions on the housing collapse, is now taking the other side of the bet and buying mortgage backed securities. It seems foolish on the surface, but it's actually a shrewd investing opportunity.

  • The Reformed Broker Big brokerage firms aren't paying attention to their clients

    As financial firms become bigger and bigger, they are focused on corporate profitability over the satisfaction of their brokers and clients.

  • Dow comes within nearly 50 points of 13000

    The Dow rose 45 points to close at 12949 Friday, inching toward a 13000 mark it hasn't seen since before the 2008 financial crisis.