Economy & Markets
The important economic and stock market news that advisors need to know.
Nasdaq on Tech Glitches: Some Exchange’s Fault, Some Not
By Melanie WaddellNasdaq said Thursday that a preliminary internal review of the technology glitches that halted trades on Aug. 22 found a combined series of technology events.
August 28, 2013
PIMCO Blames Media for Bond Fund OutflowsThe financial media are at least partly to blame, according to Douglas Hodge, chief operating officer of the bond giant.
August 28, 2013
Congress Girds for Another Debt Fight as Deficit ShrinksThe deficit is at its lowest level since late 2008, LPL's John Canally writes; PIMCO and Washington Analysis weigh in on the battle ahead.
August 27, 2013
2013 Advisor of the Year: Curt KnotickAdvisor of the Year Curt Knotick's mission: Uncover guaranteed income his clients can depend on in retirement.
August 27, 2013
13 Best & Worst Broker-Dealers: Q2 Earnings, 2013Some large organizations kept up their momentum, while smaller BDs showed both weaker than expected and surprisingly strong results.
August 27, 2013
SEC’s White Sets Sept. 12 Meeting With Exchanges on Nasdaq GlitchThe meeting will address the price processing system that failed, along with other critical market systems.
August 26, 2013
Tapping Asia’s Internet DemandThe bear market in Chinese stocks has scared away some, but others smell opportunity.A new ETF targeting fast-growing Chinese Internet companies, called…
August 26, 2013
Shorting International StocksAdvisorShares has rolled out its second bear-market ETF. Here's why.