Economy & Markets
The important economic and stock market news that advisors need to know.
Gross Says Fed Won’t Tighten Till 2016
By Gil WeinreichPIMCO manager Bill Gross has taken to Twitter to hammer home the idea that theres value in bonds as the Fed continues to support markets with quantitative easing and bond buying.
July 22, 2013
FINRA Beefs Up MBS TransparencyFINRA announced Monday that its Trade Reporting and Compliance Engine will now provide increased transparency in mortgage-backed securities issued by Fannie Mae, Freddie Mac, Ginnie Mae and in securities backed by SBA-guaranteed loans.
July 19, 2013
Rise in interest rates positive for life stocksInvestors would do well to maintain exposure to the life insurance sector.
July 19, 2013
Rise in interest rates positive for life stocksInvestors would do well to maintain exposure to the life insurance sector.
July 19, 2013
Don’t Tell Detroit ‘I Told You So’: News AnalysisWhile the fiscally reckless are learning a painful lesson from Detroit's bankruptcy, it is important that those who cling to hoary principles such as living within ones means learn some lessons, too.
July 19, 2013
TrimTabs Reports Record Flows Into Equity FundsThe strong enthusiasm for equities should give contrarians pause, TrimTabs CEO David Santschi said. Four of the 10 largest inflows into U.S. equity funds occurred at the peak of the technology bubble in early 2000.
July 18, 2013
Vatican Bank Faces Uncertainty in Wake of ScandalsFailure to heed international regulations on money laundering and corruption can be hazardous to a banks health, even if your bank is called the Institute for the Works of Religion, aka the Vatican bank.
July 18, 2013
Don’t Diss Bond Funds: Goldman SachsAs interest rates rise and investors withdraw billions from bond funds, Goldman Sachs Asset Management is asking them to take a closer look at fund performance and asset allocations.