Economy & Markets
The important economic and stock market news that advisors need to know.
PIMCO’s Gross: Higher Taxes Across the Board on the Way
By John SullivanMarginal income taxes, capital gains and dividend tares will all rise, Bill Gross says.
November 06, 2012
LTC provider adds online community programConnected Living is helping Brookdale facility residents hook up to networks.
November 06, 2012
4 Post-Election Fiscal Cliff ScenariosWithin a day or two, we'll finally know who voters want in Washington, but we still won't know whether we're headed over the fiscal cliff. Here are four scenarios of what might happen.
November 05, 2012
The Election and the Markets: One Advisor's ViewNo matter the outcome of the presidential election, I do expect some of the uncertainty to recede as businesses will finally know the rules of the game.
November 02, 2012
Top Portfolio Products: Franklin Templeton Takes Stake in K2 Fund of Hedge FundsThis week in portfolio product announcements, Franklin Templeton completed a majority stake acquisition in K2 Advisors, MFS added to its target date fund lineup and more.
November 02, 2012
SIFMA Elects New Officers to Municipal Securities DivisionStratford Shields of Morgan Stanley & Co. will serve as division chair, and Frank Fairman of Piper Jaffray & Co. and David Stephens of Bank of America Merrill Lynch & Co. will serve as vice chairs.
November 02, 2012
PIMCO’s El-Erian: 2 Things Government Must Do to Get Economy MovingPIMCOs CEO reacted to Fridays jobs report, noting that a disparity exists between households and the business sector.
November 02, 2012
Ahead of Election, U.S. Added 171,000 Jobs in OctoberJust four days before the presidential election, the BLS October jobs report showed unemployment notched up to 7.9% as employers added 171,000 jobs.