Economy & Markets
The important economic and stock market news that advisors need to know.
Taking Sides: Will Wall Street’s Generosity to GOP Continue?
By Kenneth SilberIn the 2008 presidential race, Barack Obama had a substantial edge over John McCain in raising money from Wall Street. That advantage has not only evaporated for the president in the current race, but has reversed dramatically.
September 25, 2012
First Eagle Fund Soars in High Yield SpaceThe fund has gone from $20 million in AUM to $600 million since the beginning of 2012, all from retail inflows.
September 25, 2012
Whatever Happened to U.S. Stock Funds?Flows out of U.S. equity funds such as Robert Zagunis' 20-year-old Jensen Quality Growth Fund can stem more from investor fear than fund quality.
September 25, 2012
Jeff Gundlach Offers $1.7 Million for Return of Stolen ArtIn a dramatic and at times chaotic press conference in downtown Los Angeles on Monday, star fund manager Jeff Gundlach increased the reward offered for the return of his stolen property from $200,000 to $1.7 million.
September 25, 2012
What Bogle Thinks of ETFs; Gross vs. ‘Cult’; Paycheck Stress: October Research—SlideshowThe October issue of Research deals with formidable personalities and controversial issues. Cover story "How John Bogle Really Sees ETFs" covers the Vanguard founder's view of the exchange-traded fund field and its evolution. Feature article "Bill Gross vs. the Equity Cult" analyzes the bond maven's pessimism about equity returns.In feature...
September 24, 2012
Top 5 Fiscal Cliff Tips for Advisors: Fi360Fi360s Kathy Stewart offers the basics on how to help spooked clients take action if the Bush tax cuts aren't extended or made permanent.
September 24, 2012
We Have Already ‘Eaten the Future’: HussmanWe've all heard that theres no free lunch. But do investors understand that if theyre dining on champagne and caviar on a burger-and-fries budget today, they will be looking at bread and water in the future?
September 24, 2012
Boost Home and Capital Gains Taxes on Wealthy, Says Britain’s Deputy PMBritains deputy prime minister called for an increase in taxes on capital gains and on the priciest real estate transactions, saying it was harder for the wealthy to avoid taxes on assets they couldnt just pick up and move.