Economy & Markets
The important economic and stock market news that advisors need to know.
20 Wealthiest US Olympic Athletes in Rio
By Kristen BeckmanSome of the athletes seeking gold this month already have a bit tucked away.
August 08, 2016
The Flaws in Buffett’s Favorite Stock Market IndicatorEven if you deem the market-cap-to-GDP ratio worthy, remember stocks can remain overvalued or undervalued for a prolonged period before reversing course.
August 08, 2016
Barclays to Pay $100 Million Over State Libor ProbesBarclays agreed to pay $100 million to 44 U.S. states to resolve an investigation into interest-rate manipulation by the bank.
August 08, 2016
High-Yield Bond Funds Going Strong Following Earlier DeclinesWhile the risks are still very real, high-yield bond funds continue to deliver hot returns.
August 08, 2016
Top Portfolio Products: New Bond, Macro and Real Estate FundsThe new fund sponsors are American Funds, Franklin Templeton with K2 and CAPFUNDR with Hamilton Real Estate Capital.
August 05, 2016
Trump Names Economic Team; Few Wall Streeters in SightDonald Trump unveiled an economic team thats mostly outside the Republican, Wall Street and academic establishments.
August 05, 2016
Jobs Report Brings Much-Needed Good NewsThe global economy desperately needed some good news. That's what it got in the latest U.S. jobs report.
August 05, 2016
SEC Charges Cardiologist in Biotech Drug Trial With Insider TradingDr. Edward Kosinski, the lead investigator in a heart drug trial, shorted the biotech firm's stock before bad news became public, the SEC said.