Economy & Markets
The important economic and stock market news that advisors need to know.
Fund Managers' Outlook for Growth and Profits Is Bleak: Merrill
By Michael S. FischerGlobal fund managers expect near-term secular stagnation, not recession.
January 16, 2019
How Millennial Homebuyers Approach the Housing MarketMillennials want to become homeowners but have different values, expectations and methods than older buyers, a survey finds.
January 16, 2019
Citigroup Reveals Female Employees Earn 29% Less Than Men DoWomen are about half of the bank's workforce but just 37% of management.
January 16, 2019
Federal Data and Its Discontents Loom Large as Shutdown Wears OnThe Commerce Department and Census Bureau lack approved spending -- holding up reports from retail sales to inflation.
January 15, 2019
The Shutdown's Bad, and It Could Get Much Worse"Shutdowns don't get bad linearly; they get bad exponentially," says Sam Berger, who worked at OMB during the 2013 government shutdown.
January 15, 2019
Morningstar's December Winners and LosersMorningstar recently published its summary of upgrades, downgrades and new fund ratings.
January 15, 2019
Beware These Early Warning Signs of an Upcoming RecessionBesides a flattening or inverted yield curve, there are many other indicators that advisors should be watching.
January 15, 2019
Bill Gross' Shrinking Vanity Fund Mostly Harms HimselfThe former bond king can't stop the withdrawals, with assets now below $1 billion.