Economy & Markets
The important economic and stock market news that advisors need to know.
Investors Boost Cash on Threats of Rate Hike, Greek Exit: BofA Merrill
By Michael S. FischerGlobal investors are holding more cash in anticipation of Fed rate hike and worries about Greece and China, a BofA Merrill Lynch survey finds.
June 12, 2015
This Research Could Push Back a Fed September Rate HikeFed officials are about to publish new quarterly forecasts, and all eyes are going to be on where they set the job market's Goldilocks rate.
June 12, 2015
Schwab, TD Ameritrade Post Strong Asset Growth, Beat IndexesSchwab reports total assets of $2.57 trillion $1.27 trillion of which is advised assets; TD has total assets of $710 billion.
June 12, 2015
Consumer sentiment in U.S. climbed more than forecast in JuneThe labor market has buoyed consumers attitudes, even as gas pump prices rise from the cheapest rates since 2009.
June 12, 2015
El-Erian: Fed to hike rates in SeptemberThe pending interest rate boost will be very different from previous hikes, the economist says.
June 11, 2015
El-Erian: Fed to Hike Rates in SeptemberThe impending tightening of monetary policy, the economist says, will be "the loosest tightening in the modern history of central banking."
June 10, 2015
MSCI Defers China Inclusion, Opts to Work With RegulatorIssues over the addition of A-shares into the global benchmarks have not yet been fully resolved.
June 10, 2015
Meredith Whitney Done Managing Money After Hedge Fund FlopWhitney says her hedge fund experience was highly unfortunate and Im putting it behind me.