Bernie Madoff is leaving federal court in New York on March 10, 2009.Mario Tama | Getty Images News | Getty ImagesBernie Madoff was perhaps the worst reminder that financial advisors can become villains - and if they do, people are likely to lose a lot of money.Fortunately, investors can take steps to limit their risk.Madoff, who died...
Traders work on the trading floor of the New York Stock Exchange.NYSEIt's the anniversary of the great decline: what has changed? Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen testify to the House Financial Services Committee Tuesday on how the economic recovery from the Covid pandemic has developed.Investors expect Powell to stick to the script for the...
BEIJING - US investors are among the many foreigners looking to benefit from China, especially the bond market.A clear area of interest are government bonds, where the Chinese 10-year yield is over 3.2%. In contrast, the recent surge in US interest rates has pushed 10-year government bond yields to just 1.7%. This big difference offers investors in...