Economy & Markets
The important economic and stock market news that advisors need to know.
Morningstar: PIMCO’s Post-Gross Total Return Fund Is Fine—for Now
By Melanie WaddellWhile the fund has seen significant outflows, PIMCO has sufficient liquidity to handle it, says Morningstars fixed-income team.
October 09, 2014
Gross’ First Janus Outlook Addresses PIMCO Exit, Gloomy Financial EraIn Bill Gross first investment outlook since joining Janus, he addressed the elephant in the room right away: Why did he leave PIMCO?
October 08, 2014
Fed Saw Global Slowdown Among Risks to OutlookMarkets surge after FOMC meeting minutes reveal still dovish tendencies on rates.
October 08, 2014
Why Warren Buffett’s Values Make Berkshire a ValueCan Berkshire survive the absence of Buffett, or should investors bail out before nature or changing life priorities take their course?
October 07, 2014
20 Best & Worst States for Pension FundingData from S&P shows the health of public retirement funds.
October 07, 2014
Less Affluent Americans Boost Charity; Wealthy Donors Tighten BeltsDespite earning less, middle- and lower-income Americans have increased the share of their income thay give to charity since the recession.
October 06, 2014
S&P 500 Companies Spend 95% of Profits on Buybacks, PayoutsCompanies in the Standard & Poors 500 index really love their shareholders. Maybe too much.
October 03, 2014
Schwab Drops PIMCO Total Return From Target-Date Retirement FundSchwab also removed PIMCO as SMA manager in the Schwab Institutional Core-Plus Fixed Income Trust Fund.