Economy & Markets
The important economic and stock market news that advisors need to know.
Betterment Assets Top $5 Billion; Firm Hires Its First CFO
By Bernice NapachBetterment CEO Jon Stein says assets are five times what they were just 18 months ago.
July 14, 2016
Blockchain-Powered Financial Tools Get Big Push From IBM, DeloitteAn IBM center in Singapore will aim to use blockchain technology to bring efficient multi-party finance transaction and process tools to market.
July 13, 2016
Fed Rates Are the Wrong Tool to Fight BubblesThe idea that the Fed should raise rates to suppress asset prices is deep rooted. But the data indicates it's also a flawed idea.
July 13, 2016
10 Best Cities for Millennials to LiveTaking into account job opportunities, access to nightlife, affordable housing and cost of living, these 10 locales are where millennials should look to live.
July 13, 2016
Bank Earnings Could Drop 12% in Q2: FactSetAs JPMorgan is set to report earnings, investors and analysts continue to express concerns about banks and other financial services firms.
July 13, 2016
Gundlach: Low Yields Leading to 'Mass Psychosis'The market is full of madness, but there are still opportunities to watch for, said DoubleLine CEO Jeffrey Gundlach.
July 13, 2016
PIMCO Loads Up on Treasuries; Gundlach and Gross Voice CautionTheir diverse views on the Treasury market reflect different outlooks on where interest rates are heading.
July 13, 2016
Slogging on the Economic Road Back to NormalDrawing a broad conclusion about any single jobs report is sheer folly: the U.S. continues to be in a post-credit-crisis recovery.