Oil Holds Above $50; Market Awaits Output Deal
Russia minister says production could rise to record in 2017; committee to meet in Vienna this month to discuss output cuts.
Why Corporate America’s Debt Is a Major Risk
Société Générale says U.S. companies are “massively overspending” to finance buybacks, whose impact on stock prices is limited.
Advisor Top-of-Mind Index: Volatility, Election, Fed
Advisors in Eaton Vance survey said "protecting wealth from market volatility" remains their top concern.
Vanguard Sees Flood of Advisor Assets, Now at $1.3 Trillion
Money from brokers and independent advisors now account for about one-third of Vanguard’s total assets and about 50% of this year’s inflows.
El-Erian Holds 30% in Cash as Central Banks Distort Markets
The former co-CEO of Pimco sees "enormous risk" in financial markets due to distortions caused by central bank policies.
Bernanke: Americans Better Off Today Than 10 or 20 Years Ago
However, the former Fed chairman and Brookings analyst Peter Olson note that the pace of economic growth has slowed.
Financial Services Explained, Pt. 1: The Cost of Everything
In the first of a series, we look at how advisors young and old can benefit from understanding how the industry works for your clients.
Oil Rises to 15-Month High on U.S. Supply Drop, OPEC Optimism
The increase followed a 5.25 million barrel drop in U.S. crude inventories just weeks before OPEC ministers will meet to discuss supply cuts.
‘Huge’ Wealth Transfer in Sight: UBS, PwC Report
In the U.S. alone, about $1.1 trillion will transfer to the next generation over a period of 20 years, the report estimates.
Investors’ Cash Level Highest Since Brexit, 9/11: BofA Merrill Survey
What’s making investors so risk averse? Investors are bearish, with fears of an EU breakup, a bond crash and election results, says BofA’s Michael Hartnett.