Economy & Markets
The important economic and stock market news that advisors need to know.
Faber Sees ‘Gigantic’ Asset Bubble, Slowing Growth: Video
By Editorial StaffMarc Faber, publisher of the Gloom, Boom & Doom report, talks to Bloomberg TV about Fed policy's impact on global economy, Bitcoin and financial markets.
January 15, 2014
Gross Says Brazil No Longer PIMCO Emerging-Market FavoritePIMCOs Bill Gross, hurt by a wrong-way bet on Brazil last year, said the nation is no longer a preferred emerging market for his company.
January 15, 2014
Gundlach Looks to ‘Giddily Despised’ Investments in 2014"The concept of contrarianism has never had a better setup," DoubleLine CEO Jeffrey Gundlach says, weighing in on the dollar, gold, Apple and more.
January 15, 2014
Producer Prices Rose in 2013 by Least in Five YearsWholesale prices in the U.S. climbed in December for the first time in three months to cap the smallest annual increase in five years, showing companies face little pressure to charge more.
January 15, 2014
Would You Take $10K to Swap Your Pension for a 401(k)?A bill in Washington state aimed at cutting costs offers incentive to move state workers to DC plans.
January 14, 2014
ThinkAdvisor’s 2013 Q4 Earnings Calendar for the Finance SectorThe fourth-quarter 2013 earnings period is now under way, with many finance sector companies reporting.
January 14, 2014
What 5 Days of Trading Tell Us About 2014: Jim O’NeillThe Bloomberg View columnist says: Theres an odd little thing in the market called the five-day rule, which is an unlikely confidence guide.
January 14, 2014
Legal Woes Drag JPMorgan Profits Down 7%; Wells Net Jumps 10%Though both banks report weaker sales in Q4, JPMorgan faced some $1 billion in legal and other expenses in the fourth quarter.