Economy & Markets
The important economic and stock market news that advisors need to know.
U.S. stocks little changed as S&P 500 gains for sixth quarter
By Sofia Horta e Costa and Lu WangThe S&P 500 trades at 16.6 times the projected earnings of its members, near its highest valuation in four years.
June 27, 2014
Dollar weakens, Treasuries advance, U.S. stocks fluctuateTreasuries rallied this week, sending the 10-year yield to a three-week low after data showed the U.S. economy shrank.
June 27, 2014
Andy Friedman: Why Tax Reform’s Not Happening Anytime SoonThe Washington Update's Andy Friedman explains the principles and high political hurdles to comprehensive tax reform, last achieved in 1986 under President Reagan.
June 26, 2014
Surprising Pick for Safety, High Returns: Emerging Market StocksEmerging markets stocks produce higher returns over time, but are they worth all the portfolio whiplash your clients must endure? Servos Eric Nelson says yes.
June 25, 2014
U.S. vs. Germany: ‘No Contest,’ says LPL’s CanallyThe World Cup match should be thrilling, but the economic contest has a clear winner, says economist John Canally.
June 25, 2014
BofA-Merrill Sees Weak Economy, Strong StocksAnalysts compare poor growth to Luis Suarez's baffling bite of a player in the World Cup, but point to sectors that could see upside.
June 25, 2014
In Russia, Making Big Bets Where Few Investors DareCiting John Templeton, who took a huge stake in Japan during dark times, portfolio manager David Iben seeks reward in "maximum pessimism" investing.
June 24, 2014
World Cup and World Prices ‘Heating Up’: LPL’s KleintopThe global soccer tournament is seeing more goals, and the world's central bankers are facing some signs of inflation.