Economy & Markets
The important economic and stock market news that advisors need to know.
Pimco’s New Bond Chief Is Nailing It
By John GittelsohnHis $75 billion fund eclipses one formerly run by Bill Gross; low-key Dan Ivascyn makes contrarian bets in a tumultuous year.
March 01, 2017
Dow Passes 21,000, Dollar Jumps as Rate Hike LoomsThe major market index surged more than 300 points today and has gained more than 1,000 points since January 25.
March 01, 2017
Buffett Backlash: Fund Execs Criticize Sage’s Grim View of Active InvestingPassive index funds are not necessarily the best investments for all investors at all stages of their lives, some fund professionals argue.
February 28, 2017
Fidelity Cuts Trading Prices, and Schwab FollowsThe two firms have emerged as the industry's lowest cost big brokers.
February 28, 2017
Buffett’s 8 Nuggets of Investing Advice: Berkshire Shareholder Letter 2017The Oracle of Omaha spells out the secrets of his success in his yearly letter to Berkshire Hathaway shareholders.
February 28, 2017
JPMorgan Software Does in Seconds What Took Lawyers 360,000 HoursA learning machine is parsing financial deals that once kept legal teams busy for thousands of hours. And that's just the start for JPMorgan.
February 28, 2017
Trump Wipes Out $5 Billion of Muni Gains at Top US InsurersTrump's plans to cut corporate taxes and fears he could end the tax-exempt status of munis have reduced insurers' unrealized gains on muni investments.
February 27, 2017
Is Now the Time to Invest in European Stocks?Revived growth, higher corporate earnings and undemanding valuations are good signals, but then there are the geopolitical concerns.