Veteran fund manager Bill Miller leaves Legg Mason after 35 years

Legg Mason fund manager Bill Miller will leave the firm after 35 years, the Baltimore-based investment company said on Thursday. One of the gurus of the actively managed mutual fund age calling it quits. Was he forced out due to continued underperformance and an erosion of assets under management? Another signal that actively managed funds […]

Louise Yamada says be careful -“Bear Claw” will strike the market again

Much respect for her technical expertise from my days at Smith Barney

‘Bear claw’ will strike the market again: Louise Yamada Amanda Diaz | @CNBCDiaz Louise Yamada has a strong message for investors: Don’t get complacent. The markets have been in rally mode since the start of the fourth quarter, with the S&P 500 and Dow Jones industrial average each surging more than 5 percent. Both indices […]