Economy & Markets
The important economic and stock market news that advisors need to know.
Berkshire Accused of ‘Siphoning’ Funds in Workers’ Comp Suit
By Chris Dolmetsch, Noah BuhayarA New York bicycle courier company has accused Berkshires Applied Underwriters of running a reverse Ponzi scheme.
September 12, 2016
Goldman and Citigroup Divided on Whether Bond Rout Will PersistGarzarelli of Goldman sees Treasury yields at 2% by early 2017; Aviva, Aberdeen join Citigroup in seeing no extended losses.
September 12, 2016
This Market Selloff May Be DifferentThe generalized move down in stocks is sparking an interesting discussion about how investors should respond.
September 12, 2016
Online Lenders Face Increased ScrutinyMore regulation, higher costs could drive consolidation of traditional and online lenders, according Funding Stream's Russell Walraven.
September 10, 2016
Remembering September 11 in Images: Destruction, Construction, ResurrectionThe attack on the World Trade Center devastated the bodies, minds and structures of lower Manhattan. But the area has been respectfully reborn.
September 09, 2016
Stocks Sink With Bonds; Dollar Rallies as Complacency BrokenStocks suffer biggest drop since Brexit; S&P 500 plummets almost 2.5% Friday, but the dollar climbs.
September 09, 2016
Gundlach: Time to Be ‘Defensive’ With BondsDoubleLine executive says the Fed seems determined to raise rates, which are sort of rising already.
September 09, 2016
Can Actively Managed ETFs Gain Traction?There are 150-plus active ETFs trading today with total assets near $27 billion but can their growth continue amid strong demand for passive ETFs?