Economy & Markets
The important economic and stock market news that advisors need to know.
Hedge Fund Manager Points to Gold as Hedge Against Rising Political Risk
By Ivan LevingstonRay Dalio recommends having 5-10% of assets in gold; current risks are especially challenging to price in.
August 10, 2017
ETF Bubble? Nope, Says Schwab’s KleintopSince the low in 2009, ETFs that invest in stocks have seen assets rise about 500% not enough for a bubble watch.
August 09, 2017
Public Pensions Up 12.4% Return Most in 3 Years as Equities SoarStrong returns on stocks and alternative investments made up for low returns on bonds.
August 09, 2017
Executive Changes Underway at Janus HendersonAmong those leaving the firm formed from "a merger of equals" are its chief operating and strategy officer and global head of fixed income.
August 08, 2017
Boomers Who Refuse to Sell Are Dominating the Housing MarketOlder Americans own half of houses, squeezing out youngsters; why one 23-year-old cruises streets and knocks on doors
August 08, 2017
Buffett Nears a Milestone He Doesn't Want: $100B in CashWhile that figure highlights the staggering moneymaking ability of the businesses hes collected over the years, its also a burden.
August 08, 2017
Vanguard Announces Treasury-Only Policy for Several Government Bond Funds, ETFsThe fund giant says the change will provide investors more flexibility in managing risks and returns plus narrower bid-ask spreads for these ETFs.
August 08, 2017
Gundlach, Wary of Pricey Market, Sets Cap on DoubleLine’s GrowthHe's also reducing his funds' holdings of junk bonds and emerging market debt because he says they're overvalued.