Economy & Markets
The important economic and stock market news that advisors need to know.
Citigroup Beats Estimates as Cost Cuts Cushion Trading Slump
By Dakin CampbellThe bank still faces several investigations, which may negatively impact upcoming financial results.
April 16, 2015
3 Sectors Where Billionaires Bought Ahead of Earnings SeasonWhere billionaire hedge fund managers like Carl Icahn, Bill Ackman and Warren Buffett placed their chips ahead of first-quarter earnings.
April 16, 2015
Gates, Pritzkers Take on Musk in $5 Billion Race for New BatteryGates is backing MITs Donald Sadoway, who says hes perfected the chemistry for a 10-ton liquid metal battery.
April 15, 2015
Canada and OilThe falling price of oil has hit Canada hard, with Bank of Canada Governor Stephen Poloz warning that its effect would be atrocious.
April 15, 2015
Hedge Fund Firm GMO Says Stop Hedging Your (Foreign) BetsThe Boston-based hedge fund firm argues that, paradoxically, hedging foreign equity actually increases risk.
April 15, 2015
Hedge Funds Have Best Quarter Since 2011Macro strategies steamroll their competitors for the third consecutive quarter, Hedge Fund Research reports.
April 15, 2015
Will Energy Mergers Speed Up After Shell-BG Deal?A Brunswick survey of oil and gas specialists found that 68% of analysts and investment managers expect more M&A activity but only 20% of bankers and lawyers do.
April 15, 2015
Under the Hood: Stock Market Valuation, Pt. 2—Shiller and TobinConcluding our discussion of stock market valuation tools, we look at Robert Shillers CAPE and James Tobins Q Ratio.