Plus, Federated Investors plans to merge funds.
Plus, T. Rowe's new fixed-income chief will have to think globally, and more.
Plus, American Fund shareholders appeal excessive-fee decision, and more.
Plus, a star manager leaves Morgan Stanley, and more.
Plus, Janus loses pay suit, and more.
Plus, the latest manager changes in the fund world.
American bears are thriving while small-cap funds get bludgeoned.
The discussion is cordial and ends with a friendly wager, but John Hussman and Gus Sauter find little common ground.