Economy & Markets
The important economic and stock market news that advisors need to know.
Bill Gross: Forget Dow 20K, Here’s the Number to Watch
By Janet LevauxIn his January outlook, Gross discusses "the key to interest rate levels and perhaps stock price levels in 2017."
January 09, 2017
Goldman Strategists Decry as ‘Fake News’ a Rotation From Bonds to StocksGoldman expects a minimal shift away from debt into equity because of investment restrictions and other factors.
January 09, 2017
Congress Gets Rolling on Trump Cabinet ConfirmationsWhile the SEC still has two commissioner seats to fill, Democratic Commissioner Kara Stein's term is up in June.
January 09, 2017
Expect Modest Portfolio Returns in 2017: VanguardInvestors remain concerned about uncertainty and the incoming Trump administration.
January 08, 2017
ProShares, UBS Launch 2 Oil-Linked ETNs: Top Portfolio ProductsIn other product news, Thornburg launched its first liquid alternative fund.
January 08, 2017
Investors Should Curb Their Enthusiasm, Warns JPMorgan’s David KellyKelly says the U.S. economy is a "healthy tortoise" that could pick up speed but won't turn into a hare.
January 06, 2017
Bill Gross Likens Trump’s Policy-by-Twitter to MussoliniCalling the latest jobs report decent, Gross says Trumps cajoling companies on factories reminded him of Mussolini exerting government control of corporate interests.
January 06, 2017
Election Leaves Millennials Pessimistic About Financial SecurityMore than 70% of millennials said the economy this year would be worse off than in 2016, the survey found.