Economy & Markets
The important economic and stock market news that advisors need to know.
How Financial Advisors Reacted, or Didn’t, to Market Rout
By Bernice NapachAny financial plan that changes with market conditions is like Frankensteins monster, destroying everything in its path, one advisor said. But others disagreed.
February 11, 2016
Energy Has Been a Drag on the S&P 500: Here’s What You Can Do About ItEven if the decline in oil prices is over, you still might want to reduce or eliminate exposure to energy in your stock portfolio.
February 11, 2016
Big Split Between Investors, Advisors on Global Bonds: BNY MellonWhile most advisors recommend global bonds, few investors have them in their portfolios, BNY Mellon reports.
February 11, 2016
Liftoff remorse? Don't blame Fed for turmoil, Yellen saysYellen said the Fed was assessing the impact of the swings in the markets on the economy but she doubted that would prompt it to reverse course and cut rates.
February 11, 2016
Liftoff remorse? Don't blame Fed for turmoil, Yellen saysYellen said the Fed was assessing the impact of the swings in the markets on the economy but she doubted that would prompt it to reverse course and cut rates.
February 11, 2016
Oil’s Rebound and Other Wrong-Way ForecastsIt's not just energy forecasters who make mistakes. All of Wall Street has an unfortunate tendency to guess the future by looking at chicken entrails.
February 11, 2016
Two-Thirds of Americans Think Economic System Favors the PowerfulIn a Pew survey, only those identifying as high-income Republicans said the U.S. economic system was generally fair.
February 10, 2016
Private Equity Coasts as Investors Wait Out VolatilityPrivate equity activity leveled off in 2015, and industry leaders generally expect more of the same in 2016, according to a study by BDO USA.