Economy & Markets
The important economic and stock market news that advisors need to know.
Oil Climbs to 17-Month High on Saudi Pledge, Non-OPEC Output Cut
By Mark ShenkU.S. oil futures surged to almost $53 a barrel following the Saudi oil minister's pledge to cut output to below the level agreed upon.
December 12, 2016
Investors ‘Crazy’ Not to Be in Equities: Neil HennessyWith Dow yielding more than 10-Year Treasuries, theres no end in sight to the more than seven-year-old bull market, says Hennessy Funds chief.
December 12, 2016
Fed Outlook Blurred by Trump’s Fiscal PlansWhat to watch for at this weeks Fed policy-making meeting beyond the 0.25% hike thats expected.
December 12, 2016
Despite Rising Rates, Not All REITs Are DoomedReal estate is the worst performing stock sector in the last quarter but that could change.
December 12, 2016
Deutsche Asset Management Launches High Yield Bond ETF: Top Portfolio ProductsIn other product news, an ETF focused exclusively on wearable devices debuts.
December 09, 2016
Goldman’s Cohn Said to Be Trump’s Top Choice for NEC DirectorGary Cohn would be the third and most senior Goldman Sachs alumnus to take a prominent role in the incoming administration.
December 08, 2016
ETF Tactical Trades for 2017: EM, Rates, Biotech and MoreExpectations of administration policies and other market shifts present potential openings for bulls and bears alike as we head into the New Year.
December 08, 2016
50 Best Places to Work: Glassdoor ReportCareer website Glassdoor Inc. released its annual report on the best places to work based on employees anonymously submitted reviews.