Economy & Markets
The important economic and stock market news that advisors need to know.
U.S. Unemployment Falls to Lowest Level Since May 2008
By Peter CookA net 223,000 jobs were added in April, notably in construction and health care.
May 07, 2015
Blame the 401(k) for the wealth gapHigher income inequality also indicated lower economic growth, both on national and state levels.
May 07, 2015
The End of Mark Mobius’ Reign as King of Emerging-Market StocksThe pioneering advocate for small, growing economies suffers a dry spell.
May 07, 2015
Merk: Bubbles Pop When Everyone Piles Into the Same TradeThe currencies expert warns that investors, unlikely to correctly time the turning of the tide, should seek "true diversification" now.
May 07, 2015
International Investing Is Top of Mind for Advisors: Fidelity SurveyAdvisors want to better understand how to allocate between domestic and international investments, Fidelity found in its first-quarter survey.
May 07, 2015
When Is Risky Investing Safe and Safe Investing Risky? Now.At Envestnet Summit, Zachary Karabell says advisors and investors shouldnt put much stock into what central bankers say about the valuation of equities.
May 06, 2015
Warren Buffett: A Different Kind of Owner—The 2015 IA 35 for 35The legendary investor is revered for his investment philosophies and his adherence to value investing.
May 06, 2015
Budget Battle Has Just Begun, Political Watchers SayWhile Republicans agree on a plan, "the rubber doesnt meet the road until the president has to sign an appropriations bill this fall," says Friedman.