Economy & Markets
The important economic and stock market news that advisors need to know.
S&P 500 Ends Year Up 9.3%; Dow Jones Rallies 13% in '16
By Jeremy Herron, Rita NazarethMeanwhile, oil has best year since 2009, as gold rises most since 2011.
December 29, 2016
Golden Era of Hedge Funds Draws to a Close, Clients in RevoltInvestors are up in arms as traders get rich on management fees. The million-dollar question: Who will keep earning 2 and 20?
December 28, 2016
Time’s Up on These Tax Changes January 1Tax Day is April 18, 2017, but Dec. 31, 2016, is the last day to make most changes that will affect taxpayers' 2016 returns.
December 28, 2016
The Best and Worst ETFs of 2016: MorningstarThe 'valedictorian of the ETF class of 2016' is Vanguard's VIGI, with its low cost and strong 'moat,' writes Ben Johnson of Morningstar.
December 28, 2016
Top 2017 Emerging EMEA Picks Are All Things Russia; Avoid TurkeyInvestors seek bargains in politically stable countries; some asset managers favor Egypts local-currency bonds.
December 28, 2016
Oil Trades Near 17-Month High as Market Seen Balancing in 2017Iraq, Venezuela said to implement production cuts on Jan. 1; OPEC and non-OPEC monitoring panel will meet to track compliance.
December 27, 2016
Banks, Broker-Dealers Poised for a 'Terrific' 2017Dick Bove and other analysts are bullish on large financial companies, and their BDs, for a host of reasons.
December 27, 2016
Case-Shiller Home Price Index Extends Winning StreakS&Ps David Blitzer warns, however, that home prices cannot rise faster than incomes and inflation indefinitely.