Economy & Markets
The important economic and stock market news that advisors need to know.
Census Data Understates Retirement Income of Wealthy
By Emily ZulzA Center for Retirement Research analysis shows significant understatements in retirement income reported in the Census Bureaus Current Population Survey.
January 15, 2015
PPACA subsidy gap hurts the moderately brokeHigh earners did a little better, and low earners did much better.
January 15, 2015
PPACA subsidy gap hurts the moderately brokeHigh earners did a little better, and low earners did much better.
January 15, 2015
Citigroup Profit Misses Estimates on Year-End Trading DropWeakness in fixed income worse than CEO Michael Corbat's recent predictions.
January 15, 2015
UBS Securities to Pay $14M to SEC Over Dark Pool ViolationsTodays charges are notable for their breadth," says SEC's enforcement chief.
January 14, 2015
JPMorgan Profits Drop in Q4; Wells Fargo Sees Modest ImprovementOne bank is hit by continued legal costs, while the other has loan and deposit growth.
January 14, 2015
Russia Needs a Re-Fi, and Is Willing to Pay Up: Research AffiliatesThe smart beta shop has long maintained that hated companies, and countries, make the most profitable investments.
January 14, 2015
Gundlach: Low Oil Prices Mean ‘Collapse’ in Hiring, SpendingI bet you dollars to doughnuts, oil doesnt go up, the DoubleLine CEO says.