Economy & Markets
The important economic and stock market news that advisors need to know.
Morgan Stanley Channels Weird Al to Raise Stock Market Forecast
By Michael P. Regan, BloombergIn a report that reads as if Weird Al Yankovic had become a market strategist, Morgan Stanley announces an increase in its 12-month S&P forecast.
September 05, 2014
College Degree a Poor Investment for 25% of Grads: NY FedA new study by researchers at the Federal Reserve Bank of New York offers a nuanced view of the economic value of a college education.
September 05, 2014
Potential Market Crash Ahead, Axel Merk WarnsThe portfolio manager argues that U.S. recovery is based on "asset price inflation," and that a Fed pullout could send everything tumbling.
September 05, 2014
Dr. Mark Mobius: Emerging MarketsTempleton Emerging Markets Executive Chairman Mark Mobius and his global team share their on-the-ground perspective and outlook for emerging markets.
September 04, 2014
Andrew Madoff, Convicted Conman’s Last Surviving Son, Dies at 48He died Tuesday at Memorial Sloan Kettering Cancer Center in New York after battling mantle cell lymphoma, his attorney told Bloomberg.
September 04, 2014
European Stocks Rise With Bonds as Euro Slips on ECB StimulusThe European Central Bank unexpectedly cut interest rates and announced a bond-buying program.
September 03, 2014
Private Sector Growing Faster Than Before BubbleWhy is total U.S. economic growth so slow? Blame the decline in real government spending, OppenheimerFunds chief economist says.
September 03, 2014
PIMCO’s Gross Prefers Bonds to the Mattress, St. Louis Fed Not So SureBill Gross says financial assets still beat cash, yet the St. Louis Fed finds Americans have been massively hoarding cash. Time to stuff your mattress?