Economy & Markets
The important economic and stock market news that advisors need to know.
Jobs Numbers Paint Unclear Picture for Fed Tapering
By Melanie WaddellFor market watchers looking for a definitive sign that taper time is coming, Friday's tepid jobs report wasn't it.
September 05, 2013
PIMCO’s Gross Dodges Total Return’s Strikeout With Baseball MetaphorsBill Gross thinks baseball players are fat, Cracker Jack should be spelled with an 's,' and the engine of capitalism is under threat.
September 05, 2013
Most Americans Say Recovery Passed Them ByWhat recovery? is the reaction of many Americans five years after the Great Recession, according to the latest Country Financial Security Index survey..
September 04, 2013
G20 Summit: States chase tax evaders with plan to swap data globallyThis will mark a dark day for tax evaders worldwide.
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?