Economy & Markets
The important economic and stock market news that advisors need to know.
Top Portfolio Products: Two New Bond ETFs from State Street/DoubleLine
By Marlene Y. SatterState Street and DoubleLine team up again after launching the fastest growing ETF last year. Will these new bond ETFs repeat that performance?
April 14, 2016
U.S. Regulators Play Down Impact of Regulation on Bond LiquidityTwo U.S. regulators said that tougher rules to strengthen the nations financial system had not impaired the functioning of the bond market.
April 13, 2016
Gundlach Recommends Mortgage Bonds Over Corporate DebtJunk bonds were temporarily buoyed by the Fed's apparent decision to abort its rate-hiking "suicide mission," but more defaults are expected, the DoubleLine CEO says.
April 13, 2016
JPMorgan Profit Beats Estimates on Pay Cuts, Trading ResultsThe firm slashed bankers pay in the first quarter, and trading revenue declined less than most analysts predicted.
April 13, 2016
5 Big Banks' Living Wills Are Rejected by U.S. RegulatorsThe banks, including Wells Fargo, have until Oct. 1 to rewrite the plans.
April 13, 2016
Meb Faber's Radical Dividend Investing Strategy: Avoid Dividend StocksThe money manager and popular blogger told ThinkAdvisor how he is questioning one of the most hallowed strategies of investing.
April 12, 2016
Wells Fargo Misjudged Risks of Energy FinancingWells Fargos foray into oil shows how Wall Street misjudged the risks hidden in an esoteric type of energy financing long thought to be bulletproof.
April 12, 2016
Obama 'Pleased' With Yellen Amid Signs of Slowing EconomyMeanwhile, the Senate Banking Committee is blocking two Fed nominees until Obama names a vice chairman for supervision.