Economy & Markets
The important economic and stock market news that advisors need to know.
‘Mini-Maelstrom of Selling’ Creates Market Opportunities
By James J. GreenZachary Karabell of Envestnet and David Polak of Capital Group suggest the broadness of the selloff has created good value plays.
January 21, 2016
Morgan Stanley’s Gorman: Buy Energy Stocks Now ‘If You’ve Got the Stomach’The wirehouse CEO says the economy isn't "under fundamental stress."
January 20, 2016
Are we headed for a recession?While recession fears are rising, there are no clear signs a recession is on its way.
January 20, 2016
Investors Spooked by China but Not Yet ‘Max Bearish’: Merrill PollAllocations to equities have plummeted, and cash holdings have risen, Merrill's January fund manager survey found.
January 20, 2016
Showtime’s ‘Billions’: Ruthless Fund Manager vs. Star Prosecutor via Andrew Ross SorkinCo-creator Andrew Ross Sorkin talks to ThinkAdvisor about the Showtime series, which interweaves finance, politics, corruption and, from time to time, kinky sex.
January 20, 2016
The Deeper Causes of the Global Stocks RoutWhat happens next depends on politicians who have placed too much of the policy burden on central banks for far too long.
January 19, 2016
CBO Widens Budget Deficit ProjectionHalf of the increase in the deficit for the next decade stems from laws enacted since August, the budget office says.
January 19, 2016
Are We Headed for Recession?While several big banks put a high probability on an impending recession, many economists and strategists, like Schwab's Liz Ann Sonders, say fears are overblown.