Economy & Markets
The important economic and stock market news that advisors need to know.
Greece Is No Lehman Brothers to European Markets
By Anchalee WorrachateFor all the angst-ridden headlines about Greece, markets are saying this is no repeat of the debt crisis that peaked four years ago.
June 19, 2015
Gray-haired Florida replaces oil towns as hottest U.S. economiesNaples, Florida, topped the list of metropolitan areas that are expected to see the most economic growth next year.
June 18, 2015
Time to Buy Oil Stocks?There comes a point in which a group becomes so unloved that it begs to be bought," S&P's Sam Stovall says.
June 18, 2015
36 BDs to Pay SEC $9M for Muni Bond Underwriting FailuresRaymond James, Merrill Lynch and Goldman Sachs were among the firms fined.
June 17, 2015
Fed signals rate increase this year, gradual path in 2016The Federal Reserve signaled a pickup in the economy is keeping it on track to raise interest rates this year, though subsequent increases are likely to be more gradual than anticipated earlier.
June 17, 2015
Merk Pleads: Stop the Fed!The central banks extraordinary ZIRP policy and expanding mandate are distorting the economy and heightening social tension, the fund exec warns.
June 17, 2015
PIMCO Sold Itself Some BondsIt's a fascinating little study in bond market liquidity. One is a story of costs, the other is a story of risks.
June 17, 2015
Fed Holds Rates Steady, Signals Slow IncreaseFed decision suggests economic liftoff still a ways off; 2% inflation goal not seen until the "medium term."