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Lessons to Learn from JPM's Trade Jamie Dimon didn't disclose much, but we do know JPMorgan's losing trade involved the CDX IG 9 index. The CDX IG indices are a tradable basket of credit default swaps on 125 invest-grade companies. The contract is typically five years until expiration, although other maturities trade in much smaller volume. Every six months a new IG index is created with some of the names changing to reflect the ...
Washington Not Helping Homeowners Enough Bob Walters, Chief Economist for Quicken Loans, says the Government needs to do more to assist struggling homeowners.
New Art Index Offers Investing Alternative Thomas Galbraith, director of analytics at Artnet, discusses the role of high-end art as an alternative investment, as well as a new index tied to artwork.
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