Economy & Markets
The important economic and stock market news that advisors need to know.
BofA Drops GDP Forecasts, Sees QE Tapering by March
By Janet LevauxAn expert with the bank, though, remains optimistic about economy, citing fading fiscal headwinds.
November 22, 2013
Gundlach on Shiller CAPE Fund: ‘A Better Mousetrap’DoubleLine's Jeffrey Gundlach and Yale economist Robert Shiller describe why their new fund might appeal to value investors.
November 21, 2013
France’s Latest Downgrade: Cause for Worry or False Alarm?Standard & Poors hit Frances credit rating for a second time, causing investor concern.
November 21, 2013
Yellen One Step Closer to Fed ChairmanshipA Senate panel has advanced Janet Yellen's nomination to lead the Federal Reserve, setting up a final vote in the full Senate.
November 19, 2013
Morningstar: City Pensions in Good Shape, Sort OfA report finds that while some cities are adequately managing their pension liabilities, many are coming under duress.
November 19, 2013
The end of probes into JPMorgan? Not even closeA $13 billion settlement will not be the end of further probes into the company and the banking industry.
November 19, 2013
From Doom to Boom (and Back): Grantham Sees Stocks Soaring up to 30%, for NowStock market scold Jeremy Grantham expects the U.S. market to soar 20% to 30% in the next year or twobefore the next mega-crash, at least.
November 19, 2013
Market Flourishes for Investing in Disaster RiskCatastrophe bonds are growing at their fastest pace in six years, according to BNY Mellon.