Economy & Markets
The important economic and stock market news that advisors need to know.
Valliere: How Will Markets React to a Clinton, Trump Victory?
By Melanie WaddellWill a President Trump or a President Clinton extend olive branches to appease the markets?
October 07, 2016
Goldman Sees ‘Buying Opportunity’ if Gold’s Slump Gets WorseA big price decline below $1,250 an ounce would signal a "buy" for gold if "downside risks to global growth remain," says Goldman.
October 07, 2016
One of Gundlach’s Favorite Recession Indicators Just Got TriggeredThe trend in the unemployment rate has flipped from improving to deteriorating.
October 06, 2016
Post-Brexit Deal Count Plunges to Lowest Levels Since 2013Global and European M&A deal volumes fell to their lowest levels for three years during the third quarter of 2016.
October 06, 2016
U.S. Oil Advances Above $50 a Barrel for First Time Since JuneThe first agreement by OPEC to cut production in eight years and a drop in oil inventories are underpinning the oil rally
October 05, 2016
Brown University Endowment Posts 1.1% Loss in ‘Challenging’ YearThe smallest endowment in the Ivy League lost $3.2 billion in the fiscal year that ended June 30.
October 05, 2016
Columbia University Endowment Posts 0.9% Loss as CEO DepartsThe percentage loss is the lowest among all the Ivies that have reported so far.
October 05, 2016
Investor Optimism Highest Since ’07 but More Hold Cash: Wells FargoDespite high optimism, investors are moving more money into cash and CDsone of several perplexing findings in a survey by Wells Fargo and Gallup.