Economy & Markets
The important economic and stock market news that advisors need to know.
U.S. stocks rise with Europe shares, treasuries fall on Greece
By Stephen Kirkland and Jeremy HerronThe Standard & Poors 500 Index added 0.7 percent in New York, following its first three-month drop in 10 quarters.
June 30, 2015
Puerto Rico Bonds May Be Hiding in Your Clients’ PortfoliosInvestors in muni bond funds or ETFs may have exposure to those bonds, now trading around 64 cents on the dollar, without even knowing it.
June 30, 2015
Merkel Shuts Down Greek Bid for New Aid Talks Before ReferendumGerman Chancellor Angela Merkel dismissed a bid for aid by Greece hours before its bailout expires and a payment deadline to the IMF passes.
June 30, 2015
Greece Grabs U.S. Investors’ Attention at MidyearExpect a big market correction as global tumult shakes out, says Lance Roberts of STA Wealth Management.
June 30, 2015
4 Experts Advise Investors on Greek Debt CrisisVanguards Davis, BlackRocks Koesterich and others commented on Greeces debt crisis and what it could mean for investors.
June 30, 2015
Bill Gross: 6 Scenarios That Would Threaten ‘Shadow Banking System’That system includes asset management firms, says the Janus portfolio manager, who takes time in his monthly investment outlook to criticize former PIMCO colleagues.
June 30, 2015
Fed beats Greece as Treasuries drop for first quarter Since 2013As Treasuries dropped, market volatility has jumped since Greek Prime Minister Tsipras called a referendum.
June 29, 2015
Volatility: Why It Matters and What You Should Do About ItSummer is upon us and many investors will be turning their attention away from the markets for a few weeks to enjoy some time off.