Economy & Markets
The important economic and stock market news that advisors need to know.
Obama Signals Support for DOL Fiduciary Redraft
By Melanie WaddellAs both sides gird for battle over the DOL measure, expected to be released any day now, the White House appears ready to lend support.
January 22, 2015
Bill Gross Put $700 Million Into Janus Unconstrained FundBill Gross is proud to eat his own cooking, Janus CEO Dick Weil said during the firm's earnings call.
January 22, 2015
ECB's Draghi Commits to Trillion-Euro QE Plan to Fight DeflationThis is a very important first step and a necessary step, Morgan Stanley CEO James Gorman said.
January 22, 2015
Best Fund Managers of 2014: MorningstarMorningstar has named the winners of its Fund Manager of the Year awards in five categories.
January 22, 2015
American consumers most optimistic about economy in 4 yearsBloomberg's weekly comfort measure has rallied impressively, improving in all but three of the past 12 weeks.
January 22, 2015
China’s Oil Refining Rises to Record as Plants Complete RepairsThe worlds second-largest oil consumer refined a total of 502.77 million tons in 2014, up 5.3% from a year ago.
January 22, 2015
New Italian Prime Minister Creates Uncertainty for InvestorsItaly could be in for a bit of a rough ride thanks to the resignation of its longest-serving president, Giorgio Napolitano.
January 22, 2015
With Oil Stocks Beaten Down, Is Now the Time to Buy?As oil prices continue their decline, Guinness Atkinsons Waghorn considers the investing options, keeping an eye on likely increased volatility.