Economy & Markets
The important economic and stock market news that advisors need to know.
Gundlach: Bond Market Is Wrong to Predict Rate Hike This Year
By Janet LevauxDoubleLine CEO Jeffrey Gundlach puts the odds of an interest rate hike before the end of the year at less than 50%.
June 09, 2015
Innealta Maximizes Risk/Reward Through Global Rotation StrategyInnealta's Gerald Buetow says "People like to think this is an equity portfolio, but its really a fixed income portfolio with an equity enhancer."
June 09, 2015
Billionaire Investors Favoring Health Care, M&ARate hike, or not? Overvalued market, or not? Despite the uncertainty, two sectors are attracting the attention of billionaire investors.
June 09, 2015
Alleged Flash-Trading Mastermind Lived With Parents, Couldn’t DriveNav Sarao is accused of helping to wipe $1 trillion off the financial markets in 2010; he is now in a U.K. prison.
June 09, 2015
15 Best Paying Jobs for College Business Majors: 2015PayScale looks at popular careers for business majors and the salaries that can be expected.
June 09, 2015
Former Obama Official: Advisors Need to Serve Lower-Income FamiliesAfter the financial crisis, "many families who were financially secure before are now living paycheck to paycheck, says Michael Barr.
June 09, 2015
The 14 Wealthiest People in the WorldThe richest get richer, and, for the most part, older men (surprise, surprise) dominate our list.
June 08, 2015
Emerging stocks post longest decline since 1990 on Fed outlookThere's growing concern that the U.S. will raise the near-zero interest rates that have buoyed demand for assets in developing nations.