Economy & Markets
The important economic and stock market news that advisors need to know.
U.S. Economy ‘Stuck In the Mud’: Merrill Lynch
By Janet LevauxMixed news on consumer spending, business and government expenditures lead two economists to say the Fed's QE may be here for a while.
November 10, 2013
Schwab’s Sonders: Market Remains ‘Quite Cheap’Confirming her bullish bias, Schwabs chief market strategist makes the case for an American resurgence.
November 10, 2013
At Kickoff of Schwab Impact, Optimism Over the Government. Really.Potomac Research Groups Greg Valliere expects no repeat of the government shutdown fiasco, and lists three reasons why hes optimistic about the government.
November 07, 2013
Economic growth beats expectations, but consumer spending still lowHigher taxes and slow wage growth are to blame.
November 07, 2013
New Hire Roundup: Vanguard Names Davis Head of Fixed IncomeIn other personnel news, the Brownstone Investment Group hired Matthew Martines, and the Alliance for Investor Education elected new officers.
November 06, 2013
Paging Dr. Alpha: Advisors With Ph.D.s Add 0.5% to Portfolio ProfitsA study finds money managers with doctorates outperform less educated peers across a variety of investment criteria.
November 05, 2013
Insurance Broker Sentenced in Tom Hanks ScamA broker who overcharged Tom Hanks and his wife hundreds of thousands of dollars has been sentenced to federal prison.
November 05, 2013
Financial Advisors Upbeat About U.S. EconomySixty-nine percent of advisors said their clients were financially better off than they were a year ago, according to the Brinker Barometer.