Economy & Markets
The important economic and stock market news that advisors need to know.
Treasuries gain as U.S. wage growth trails forecast in June
By Daniel Kruger, Bloomberg, Susanne WalkerTreasuries gained after a report showed the U.S. added fewer jobs than forecast and wages stagnated in June.
July 02, 2015
SEC Enforcement: AlphaBridge Capital, Deloitte & Touche ChargedSEC charged a hedge fund with a fraudulent fund valuation scheme; Deloitte & Touche hit with violating auditor independence rules.
July 01, 2015
Making the Case for High-Yield Bonds Before the Fed Rate HikeThe U.S. high-yield muni composite is trading at higher yield than Iraqi and Lebanese bonds, which makes no sense and presents an opportunity, says Bernstein.
July 01, 2015
A Rational Wager on Greece: Searching for Alpha for July 2015Whats left to move stocks if the Greek drama ends? All signs indicate a strong Q2, with impressive wage growth and an improving housing market.
July 01, 2015
Fearing Rate Hike, Wealthy Opting Out of MarketThe Spectrem Millionaire Investor Confidence Index in June plunged to its lowest point in 16 months, Spectrem Group reported Tuesday.
July 01, 2015
10 Best US Cities for VeteransIn some of the cities in NerdWallet's ranking, more than a fifth of residents are veterans.
July 01, 2015
Gross Gets Co-Manager as Janus Acquires Firm of PIMCO AlumKumar Palghat, who worked with Gross at PIMCO for 10 years, will help run the Janus Global Unconstrained Bond Fund.
July 01, 2015
Goldman Sachs Pays Fine for Roiling Options Market in 2013Goldman agreed to pay a $7 million fine to settle regulatory claims that it sent thousands of mistaken orders.