Economy & Markets
The important economic and stock market news that advisors need to know.
PIMCO’s Gross Dodges Total Return’s Strikeout With Baseball Metaphors
By Joyce HansonBill Gross thinks baseball players are fat, Cracker Jack should be spelled with an 's,' and the engine of capitalism is under threat.
September 04, 2013
Friedman: ‘Twin Threats’ of Government Shutdown, Debt Default Could Roil MarketsA volatile September may be in store, Andy Friedman says, if Congress fails to deal with the looming debt limit crisis.
September 04, 2013
PIMCO Total Return Loses 14% in Four MonthsRecent missteps have allowed smaller rivals like DoubleLine to gain ground.
September 04, 2013
Marc Faber: 3 Reasons a Crash Is ComingDefying current conventional wisdom, market doomsayer calls U.S. equities a "better sell than a buy."
September 03, 2013
Global economic growth still sluggish, says OECDAre developing countries stumbling from the fear of the Fed easing its quantitative easing program?
September 03, 2013
2 Big Reasons for Ultrashort Bond FundsIs the asset class the real deal or a flash in the yield hunter's pan?
September 03, 2013
Why I Fear More Irrational Behavior by InvestorsDemand is already weak, and if tapering occurs, chances of an overreaction are high.
September 03, 2013
Specter of Fed Chairman Summers Yields Pessimism, UncertaintyNo one knows what "Larry might do," says PIMCO's Mohamed El-Erian.