Morgan Stanley, Goldman Split on Where Treasuries Will End 2016
As Morgan Stanley calls for U.S. bond rally in Q4, Goldman joins Gundlach in view that U.S. 10-year yields should rise to 2%.
Clinton, Trump Economic Advisors Spar in Debate
Obamacare “is a true catastrophe,” Trump advisor Moore said, while Clinton advisor Sperling argued the country’s problems stem “from the financial crisis.”
Advisors’ Dilemma: Investor Expectations vs. Market Reality
Natixis study finds a quarter of advisors plan a big change within 3 years due to client expectations, regulatory pressure.
Cornell Endowment Posts 3.3% Loss, Worst Among Ivies So Far
Harvard, Dartmouth and Penn also posted losses for the latest fiscal year but they were 2% or less. Yale’s endowment gained 3.4%.
30 Best & Worst Cities for Real Estate Investment
Rising home prices might spell bad news for buyers, but they are a boon for investors looking to participate in the real estate market.
Ex-Fed Chief Greenspan Tapped by Advisors Capital Management as Econ Advisor
Advisors Capital Management said former Federal Reserve Chairman Alan Greenspan is now an economic advisor to the $1.4 billion RIA firm.
OPEC Agrees to First Oil Output Cut in 8 Years
OPEC agreed to drop production to a range of 32.5 to 33 million barrels per day, said Iran’s Oil Minister.
Yellen Grilled About Fed Politics at House Hearing
Rep. Scott Garrett presses Yellen over a Fed Governor’s donation to Clinton campaign.
Schwab, LPL Investment Chiefs: Risk of Recession Is Low, but ‘Not Zero’
Recession risk is up based on recent economic indicators, but it’s still not high, according to experts from Charles Schwab and LPL Financial.
Indie Advisors, Firms Create $48B in Economic Output: FSI Study
The advisors and their work also generate some 482,000 jobs, according to the Financial Services Institute.