Economy & Markets
The important economic and stock market news that advisors need to know.
Top 10 Smartest States for Financial Literacy: 2016
By Dan BermanThese states' residents are the most likely to save money for emergencies, spend less than they earn and perform other healthy financial habits.
April 11, 2016
Modestly Positive Q1 for Mutual Funds, but One Sector Jumps 42%: LipperLipper breaks down the winners and losers in mutual fund performance for the quarter.
April 08, 2016
Dudley calls for 'cautious and gradual' Fed tightening pathThe New York Fed chief says risks still tilted to the downside; confidence in inflation outlook higher than earlier this year.
April 08, 2016
Negative rates get negative reviews at Lake Como conferenceA Nomura economists called negative rates "intellectually bankrupt."
April 08, 2016
The Fed should lower interest ratesInstead of normalizing interest rates, the Fed should do what's needed to normalize employment and inflation.
April 08, 2016
FINRA Enforcement Chief Warns BDs to Beef Up AML PoliciesThe nature of money laundering schemes is changing, FINRA's Brad Bennett said.
April 07, 2016
Picking the Best Presidential Candidate for the MarketsThe hand-wringing of the investor class over this years candidates (or any years, for that matter) is wildly overdone.
April 05, 2016
PIMCO Says Bill Gross Was Told if He Quit He'd Lose $200M BonusFirm responds in suit saying CEO and counsel warned co-founder; Gross left a handwritten message "in the middle of the night."