Economy & Markets
The important economic and stock market news that advisors need to know.
JPMorgan Beats Estimates on Higher Sales: Q2 Earnings
By Janet LevauxThe bank, which has 2,620 advisors, saw its profits fall slightly from last year to $6.2 billion.
July 13, 2016
Fed Rates Are the Wrong Tool to Fight BubblesThe idea that the Fed should raise rates to suppress asset prices is deep rooted. But the data indicates it's also a flawed idea.
July 13, 2016
10 Best Cities for Millennials to LiveTaking into account job opportunities, access to nightlife, affordable housing and cost of living, these 10 locales are where millennials should look to live.
July 13, 2016
Bank Earnings Could Drop 12% in Q2: FactSetAs JPMorgan is set to report earnings, investors and analysts continue to express concerns about banks and other financial services firms.
July 13, 2016
Gundlach: Low Yields Leading to ‘Mass Psychosis’The market is full of madness, but there are still opportunities to watch for, said DoubleLine CEO Jeffrey Gundlach.
July 13, 2016
PIMCO Loads Up on Treasuries; Gundlach and Gross Voice CautionTheir diverse views on the Treasury market reflect different outlooks on where interest rates are heading.
July 13, 2016
Slogging on the Economic Road Back to NormalDrawing a broad conclusion about any single jobs report is sheer folly: the U.S. continues to be in a post-credit-crisis recovery.
July 12, 2016
Oil Climbs the Most in 3 Months Amid Equity Gains, Weaker DollarThe rally was underpinned by falling supplies as well as a decline in the dollar and rally in the broader stock market.