Economy & Markets
The important economic and stock market news that advisors need to know.
Unusually Low Volatility Can Be Dangerous for Markets
By Mohamed El-ErianExcessive stability breeds instability down the road.
May 12, 2017
Global Cyber Attack Infects More than 75,000 Computers in 99 CountriesThe attackers may be using a hacking tool stolen from the NSA; systems infected include the U.K.'s National Health System.
May 12, 2017
Ric Edelman — Media-Savvy Advisor: The 2017 IA 25The former financial journalist, now author and TV and radio personality, founded an advisory firm that 30 years later has $18 billion in assets.
May 11, 2017
What's More Tax-Efficient Than ETFs? Maybe a Tax-Managed FundFrank Pape, director of consulting services at Russell Investments, explains why advisors should focus on after-tax returns and favor tax-managed funds.
May 11, 2017
Templeton's Mobius Says Low Market Volatility Tied to Social MediaTempleton investing guru says social media creates confusion; people then dismiss bad news, leading to market calm, he says.
May 10, 2017
Most Markets Have Made All Their Gains for the Year: Wells Fargo's McMillionThe head of global asset allocation strategy also says to expect more volatility and opportunities to make some tactical adjustments.
May 10, 2017
Bond Market Pricing in 80% Odds for June Fed Rate Hike; 40% for September HikeOdds for a September hike following a June jump have about doubled from a week ago.
May 10, 2017
Pimco Sees 10-Year U.S. Yield Rising to 3% on Fed Hikes, TaperFailure to enact an ACA change package or a tax change package could hold down rates.