- American City Business Journals•9 hours ago
The policies proposed by President-elect Donald Trump may bolster stocks in the short term but could dampen long-term economic growth, according to billionaire bond manager Bill Gross of Janus Capital ...
- Reuters•21 hours ago
One of the world's most prominent investors, Bill Gross, predicted an end to the post-election stock rally, saying that Donald Trump's anti-globalization policies would restrict trade and reduce corporate profits over the long term. Janus Capital Group Inc's Gross on Tuesday advised fund managers to shift money into cash and cash alternatives if they are pursuing "unconstrained" strategies, which allow them to invest in many asset classes and sectors. "There's no doubt that many aspects of Trump's agenda are good for stocks and bad for bonds near term - tax cuts, deregulation, fiscal stimulus, etc.," Gross said in his widely followed monthly investment outlook.
Investors are rushing to get out of a top exchange-traded note before it stops trading publicly, and those who fail to find a buyer may be stuck for years in a widely misunderstood product. Credit Suisse's $1.1 billion VelocityShares 3x Long Crude Oil ETN (UWTI) is poised on Thursday to become the largest-ever note to be delisted from U.S. exchanges. Payouts are based on the performance of the underlying asset, but the notes do not "hold" those assets, unlike ETFs to which they are often compared.
JNS : Summary for Janus Capital Group, Inc. Cmn S - Yahoo Finance
Janus Capital Group, Inc. (JNS)
NYSE - NYSE Real Time Price. Currency in USD
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|Bid||10.89 x 300|
|Ask||14.06 x 1500|
|Day's Range||13.51 - 13.80|
|52 Week Range||11.07 - 16.62|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||16.18|
|Dividend & Yield||0.44 (3.25%)|
|1y Target Est||N/A|