Economy & Markets
The important economic and stock market news that advisors need to know.
Oil Drops After Output Talks Fail Amid Saudi Demands Over Iran
By Javier Blas, Mark ShenkOil fell after output talks Sunday in Doha between the worlds biggest producers ended without an agreement to limit supplies.
April 15, 2016
10 Dumbest States for Financial IQ: 2016While even the best states leave much to be desired in WalletHub's study, financial literacy in these states is even more of a problem.
April 14, 2016
A Nontraded REIT Product for the Post-DOL Fiduciary EraNew regulations make nontraded REITs less appealing. But CapitalFund Realty has a new way to invest in them without upfront fees.
April 14, 2016
U.S. Regulators Play Down Impact of Regulation on Bond LiquidityTwo U.S. regulators said that tougher rules to strengthen the nations financial system had not impaired the functioning of the bond market.
April 13, 2016
Gundlach Recommends Mortgage Bonds Over Corporate DebtJunk bonds were temporarily buoyed by the Fed's apparent decision to abort its rate-hiking "suicide mission," but more defaults are expected, the DoubleLine CEO says.
April 13, 2016
JPMorgan Profit Beats Estimates on Pay Cuts, Trading ResultsThe firm slashed bankers pay in the first quarter, and trading revenue declined less than most analysts predicted.
April 13, 2016
5 Big Banks’ Living Wills Are Rejected by U.S. RegulatorsThe banks, including Wells Fargo, have until Oct. 1 to rewrite the plans.
April 13, 2016
Meb Faber’s Radical Dividend Investing Strategy: Avoid Dividend StocksThe money manager and popular blogger told ThinkAdvisor how he is questioning one of the most hallowed strategies of investing.