UBS, the Swiss bank that last month reported a third consecutive annual loss, paid $51.8 million in bonuses and other awards to executive board members for 2009, Bloomberg News reports.…Read
By Rob Parenteau, CFA, sole proprietor of MacroStrategy Edge, editor of The Richebacher Letter, and a research associate of The Levy Economics Institute This 2009 analysis by UBS, presented in FT Alphaville, debunks a central…Read
Till last year, people using words such as “nascent” and “pre-mature” to describe the actively-managed ETF market in the United States would have been justified in doing so. The sector attracted…Read
More than one year after the market bottom, most equity ETFs have seen a big rebound, but few have been able to match the meteoric rise of the Market Vectors Indonesia ETF (IDX), which is up more than 200% since last March. In…Read
Airline stocks have been flying high in 2010 thanks to renewed hopes over an economic recovery, an uptick in business travel, and a stronger dollar. The Claymore/NYSE Arca Airline ETF (FAA) has shot higher on the news, gaining…Read
Marion Post Wolcott La Dolce Vita September 1938"Farmer's son who helps make sorghum molasses from sugarcane, Racine, West Virginia" Ilargi: Oh brother, where do I start? You've all heard about the Lehman Repo 105 case, I…Read
The Swiss banking giant UBS has stepped up its lobbying to pass a treaty with the United States that would resolve a dispute over tax-evading clients, amid signs that the deal is running into trouble in Parliament.…Read
China is grabbing any and all natural resources, especially copper, and platinum’s prices are soaring these days. To capture the momentum, First Trust has launched the industry’s first equity-based platinum and…Read
Oh, that dreaded government intervention!To describe the contrast between the inflation situation in the United States and China as stark might be a bit of an understatement. As weve previously described (see here), the…Read
By Washington. As I wrote last August: Commonly-accepted wisdom says that we can inflate our way out of our debt crisis. *** But as I have previously noted, UBS economist Paul Donovan has demonstrated that governments…Read
As I wrote last August:Commonly-accepted wisdom says that we can inflate our way out of our debt crisis.***But as I have previously noted, UBS economist Paul Donovan has demonstrated that governments can't inflate their way out…Read
More than one year after the market bottom, most equity ETFs have seen a big rebound, but few have been able to match the meteoric rise of the Market Vectors Indonesia ETF (IDX), which is up more than 200% since last…Read
More than one year after the market bottom, most equity ETFs have seen a big rebound, but few have been able to match the meteoric rise of the Market Vectors Indonesia ETF (IDX), which is up more than 200% since last March. In…Read
On Mar 10, NYSE Euronext Inc. (NYX) announced that it has sold its prime minority stake in NYSE Liffe U.S. to DRW Ventures LLC, a unit of DRW Trading Group (DRW). This brings the total number of outside owners in NYSE Liffe to…Read


