Economy & Markets
The important economic and stock market news that advisors need to know.
What Happened in August? Why 2008 Redux Did Not Happen
By Gil WeinreichRon Baron has a definitive answer for all those investors frightened by the stock-market gyrations of August: 'Summer 11 is not Fall 08.' He enumerates the differences between then and now, and explains why stocks today are a bargain.
September 01, 2011
U.S. Investigating Standard & Poor's Mortgage RatingsThe Justice Department is investigating S&Ps ratings of mortgage securities in the lead up to the mortgage crisis.
August 31, 2011
Fed Stimulus & the Markets: A Repeat of 2010?The stock market without QE liquidity is like a junkie without the next fix.
August 31, 2011
Gundlach’s DoubleLine Total Return Bond Fund Exceeds $10 Billion in AUMSuperstar fund manager Jeff Gundlach's DoubleLine Total Return Bond Fund has reached $10 billion in AUM just 16 months since the fund launched.
August 31, 2011
Roubini: Odds of Recession 60% in 2012Nouriel Roubini, co-founder and chairman of Roubini Global Economics, said the economy has 60% chance of falling into a recession next year.
August 31, 2011
Affluent Investor Confidence Index Dropped Sharply in AugustThe Affluent Investor Confidence Index fell nine points in August to 18, its lowest level in a year, while the Million Investor Confidence Index fell four points in August to 9, remaining at a neutral level.
August 31, 2011
PIMCO Launches PIMCO Credit Absolute Return FundPIMCO announced Wednesday the launch of the PIMCO Credit Absolute Return Fund. The company describes it as a fund for investors seeking a global, diversified strategy that is focused on absolute return and not constrained by a benchmark.
August 31, 2011
3 Steps to Determine if a Portfolio Manager Really Has an EdgeA step-by-step process for identifying if an investment manager has a definable, repeatable edge. First, ask these three questions.