Economy & Markets
The important economic and stock market news that advisors need to know.
Doctor Performs Autopsy on U.S. Retirement System
By Gil WeinreichFailure to raise the retirement age will be cited on Americas death certificate if we don't act, Dr. L. Stephen Coles says.
March 19, 2014
Subsidy gaps may explain low young adult enrollmentYoung people who thought they were going to get help paying for their insurance plans through PPACA may be out of luck.
March 19, 2014
Fed Changes Interest Rate Policy, Linking to Wider Data RangeThe Fed gave itself room to keep interest rates low by dropping a linkage between the benchmark interest rate and a specific level of unemployment.
March 19, 2014
Fed Links Rate Outlook to Range of Data; Drops 6.5% Jobless ThresholdFOMC said highly accommodative stance of monetary policy remains appropriate before its first meeting led by Janet Yellen.
March 19, 2014
Data Points to Strong Wage Boost, Support for Fed Policy: MerrillGrowth in employment and compensation could influence the Federal Reserves next move, according to a Merrill Lynch report.
March 19, 2014
Junk Bonds at $2 Trillion as Gundlach Pulls BackTheyve squeezed all the toothpaste out of the tube, DoubleLine CEO Jeffrey Gundlach says.
March 18, 2014
Ukrainian Crisis Spooks Global Asset AllocatorsTension in Ukraine and the prospect of widespread geopolitical instability have moved global investors toward a risk-off stance, Bank of America-Merrill Lynch found.
March 18, 2014
Marc Faber: China ‘Disaster’ Brewing in Its Suspect NumbersDoomsayer Marc Faber on why China's growth isn't what it seems and that when it sinks it will hurt Asia and other emerging markets most.