Economy & Markets
The important economic and stock market news that advisors need to know.
Gundlach: Even Odds of 3rd Rate Hike; Trump Being ‘Rope-a-Doped’
By Janet LevauxFor some market players, it makes sense to move to cash, the DoubleLine executive says, reiterating the bumps he sees ahead.
June 12, 2017
Arnott: Win at Factor Investing by Buying the LosersDuring an Inside Smart Beta discussion, Rob Arnott explains that performance chasing doesn't work with smart beta.
June 12, 2017
US Has Until at Least September to Lift Debt Cap, Analysts SayTreasury Secretary Mnuchin said Friday the government has backup plans if Congress doesnt raise the cap before lawmakers leave for August recess,
June 12, 2017
Trump Administration to Call for Modest Changes to Banking RulesBut it's still expected to target the Consumer Financial Protection Bureau and Volcker Rule.
June 12, 2017
SIFMA Economic Panel Trims Outook for Growth, InflationThe panel now expects GDP will grow 2.1% this year while inflation rises 1.8%.
June 12, 2017
Top 10 Most Business-Friendly Countries: 2017The U.S. dropped to its lowest position in five years in the IMD World Competitiveness Center's ranking.
June 12, 2017
Prophets of Doom With Too Much GloomBill Gross and Paul Singer may be right that another crash is coming, but their prognostication sounds more like wishful thinking than objective analysis.
June 12, 2017
Puerto Rico Strikes Deal With Development Bank's BondholdersThe governor's office says creditors of the insolvent government development bank have agreed to accept losses in exchange for new securities.