Economy & Markets
The important economic and stock market news that advisors need to know.
Merrill Fund Manager Survey Finds ‘Irrational Exuberance’
By Michael S. FischerRisk-taking hit an all-time high in November, according to the latest Bank of America Merrill Lynch fund manager survey.
November 15, 2017
Regs and Tech Drive Asset Managers’ Back-Office TransformationFour in five managers foresee major change to their operating models within two years, the data platform Confluence reports.
November 14, 2017
8 of the Worst Market Calls Since 1929Bad stock market calls could fill oceans, but here are eight of the worst going back to the start of the Depression.
November 14, 2017
House, Senate Tax Bills Will Not Help Economy: Moody’sAny fiscal stimulus would be canceled out, the ratings agency says.
November 13, 2017
Active Investing Is Alive and Well at Baron Funds’ Annual Investors MeetingThousands of fund investors poured into the Metropolitan Opera House in New York City to hear from portfolio managers and corporate CEOs.
November 13, 2017
JPMorgan Asset Management Upgrades Eurozone OutlookThe upgrade is its first one for a major economic bloc in a decade.
November 13, 2017
GE’s Big Cut Is a Warning for Dividend Stock InvestorsViewing a high dividend in isolation, seizing on the attractive payout while failing to appreciate the risks that come with it, is a mistake.
November 13, 2017
GE’s $100 Billion Wipeout Heralds Reckoning for an American IconThe old GE is dead, undone by missteps and bad luck. The new one faces some of the most daunting challenges in the companys history.