Morning Roundup: Gold Metalists Set New Record
- Waddell & Reed’s $27 billion Asset Strategy Fund has been blamed for the May 6 “Flash Crash,” during which the Dow Jones Industrial Average lost 700 points in mere minutes. So is the Kansas-based firm a corn-fed, wholesome asset manager or a fearsome, market moving hedge fund? [WSJ]
- A Goldman Sachs economist thinks Read More
