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Contact: Kate McGann, Prosek Partners: 212.279.3115, ext. 249
Janus Capital CEO Dick Weil said on CNBC today that the recent market rally is an indication that people are flocking to stocks but maybe because they have no choice.
Today's global economy is a lot like a Monopoly, the Atlantic City-based board game, says Bill Gross. Because the bank caps the money players get every round, growth eventually fizzles.
Social media chatter on Wall Street ranged from new forms of so-called 'thematic ETFs' to spiking volatility.
Low volatility funds have been all the rage in the past year after the VIX, spiked to 41 last August and 29 in February before settling back to the mid-teens.
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