Economy & Markets
The important economic and stock market news that advisors need to know.
Muni Bond Experts Sound Short-Term Warnings on Puerto Rico, Long-Term on Local Munis
By James J. GreenMorningstar panelists disagree on opportunities in Puerto Rico, but agree that the muni bond world is changing, not necessarily for the better.
June 20, 2014
Bloomberg, Neasham, 401(k)s: The Irony Isn’t LostWe are now reading of horror stories of retirees suffering as their 401(k) rollover enriches brokers while leaving the consumer with less and less.
June 20, 2014
What’s Up With Bill Gross? Morningstar Crowd BaffledReaction to the PIMCO leader's keynote speech at Morningstar Investment Conference was quick, widespread and heavily digital.
June 19, 2014
To the Active Managers Go the Spoils in 2014: NatixisAmong other predictions, Natixis sees a sharp split between winners and losers in the stock market, spelling middling results for indexers.
June 19, 2014
Sunglasses-Wearing Bill Gross Says He’s a ‘Cool Dude,’ Forecasts 3%-5% ReturnPIMCOs Gross speaks of The Manchurian Candidate and the press, says Total Return fund is outperforming, and waxes on New Neutral of real Fed rates.
June 19, 2014
Brightman, Ferri Slug It Out Over Smart BetaIs smart beta really better beta? Research Affiliates' Chris Brightman says yes, but Rick Ferri was having none of it at a Morningstar conference debate.
June 19, 2014
IRS Tweaks Offshore Account Rules to Prod Tax Cheats to Pay UpIRS expands its program to encourage the millions of Americans who have cheated on their taxes with offshore accounts to come forward.
June 19, 2014
Emerging Markets Not Monolithic; Japan Debt Scary, Says Templeton’s HasenstabIn 2013, there were big performance differences in Hungary and Indonesia, the Franklin Templeton global bond CIO said.