(CNN Money) Bond guru Bill Gross is pulling a Flavor Flav. He’s telling people to not believe the Trump hype. Gross, formerly one of the top dogs at fixed income powerhouse PIMCO and now a fund manager with Janus, wrote in his most recent monthly outlook that investors are too excited about Trump. He thinks…

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(Bloomberg News) Fidelity Investments plans to convert its largest money fund into one that almost only buys securities issued or backed by the U.S. government after regulators imposed restrictions last year. Fidelity is proposing that the $111.5 billion Fidelity Cash Reserves fund invest at least 99.5 percent of total assets in cash, government securities or…

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(CNN Money News) Donald Trump recently lavished praise on Larry Fink for growing the president’s fortune. But the BlackRock boss isn’t exactly returning the compliment. Fink warned on Wednesday he sees “a lot of dark shadows” that could rattle global markets in the coming months. That’s quite a warning, coming from the CEO of the world’s…

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(Kitco News) – Gold and silver should be considered money in the United States, especially if the Constitution “explicitly” recognizes them as such, this according to an organization launching a petition on the matter. The Make Money Great Again (MMGA) movement, which launched a petition Tuesday, is looking for 100,000 signatures to get President Donald…

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I’m sure you remember the mortgage meltdown of 2008 and the crazy aftermath. More than $1 trillion of your taxes went to bailout these so-called “Too-Big-To-Fail” banks. Because of that whole banking disaster, in 2010 President Barack Obama signed into law the Dodd-Frank Act, also known as the “Wall Street Reform and Consumer Protection Act.”…

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