Economy & Markets
The important economic and stock market news that advisors need to know.
McJobs Malaise: McDonald’s Budgeting Tool Highlights Low-Wage Woes
By Joyce HansonAn online McDonalds budgeting tool set up to help its employees actually highlights the difficulty of living on McJob wages.
August 04, 2013
Is the Market Irrationally Exuberant?Advisors and investors should watch volatility closely, and beware of buying trends that aren't backed by strong fundamentals, experts say.
August 02, 2013
Commodity-ETF Assets Fell $49B in Q2: ReportExperts says a variety of factors caused investor sell-offs of metals, which the say were "overdone."
August 02, 2013
Tepid Job Growth Spreading to Developing EconomiesWhile the United States continues to struggle with stagnant GDP and job growth, a similar picture is emerging in developing economies.
August 02, 2013
The Hunt for a Pension Crisis FixIts gotten so bad that many cities have found themselves paying more for retiree benefits than they do for public services such as fire and police.
August 02, 2013
Jeremy Siegel Sees ‘Really Great’ Opportunities in Emerging MarketsJeremy Siegel, a senior advisor for WisdomTree and professor at The Wharton School, told investors on a quarterly call what he thought about the economy, Obamacare and Medicare.
August 01, 2013
Janet Tavakoli: SEC Needs to Wake Up, Make Bad Money Managers Pay UpWall Street scourge Janet Tavakoli usually reserves her fire for big cheating firms, but she turned her ire on the SEC regarding its criminal indictment of SAC Capital on insider trading charges.
August 01, 2013
Why Bond Prices Won’t Go (Straight) Down—Searching for Alpha for August 2013The recent downtick of the CPI to 1.40% should put a little wind in the sale of Treasury prices, which should help equity prices.