Economy & Markets
The important economic and stock market news that advisors need to know.
96% of financial pros say industry has a trust problem
By Danielle AndrusAdvisors, portfolio managers agree lack of ethical culture in firms has affected public trust.
January 12, 2015
Gross Says PIMCO Fired Him, Turned Down Offer for Reduced RoleThe fixed-income expert, now with Janus, said the firing "blindsided" him.
January 12, 2015
Ritholtz: How Good Was Bill Gross?Have the media misrepresented Bill Gross' PIMCO track record? Barry Ritholtz sets the record straight.
January 12, 2015
How to Invest When Cash Pays Nothing, Dollar Is Strong and Oil Prices Are SaggingIve been buying stock ETFs on dips and backstopping them with trailing stop orders, but is that enough?
January 12, 2015
'Hide Not Slide' Orders Were Slippery and HiddenWhat's behind the $14 million fine imposed by the SEC on Direct Edge's 'Hide Not Slide' order types.
January 09, 2015
Andy Friedman: The Best Time to Cash In on Washington GridlockWhile the new congressional term promises many high-profile battles, one in particular will likely trigger a market swoon and subsequent buying opportunity, Friedman says.
January 09, 2015
El-Erian, Gross Split on Jobs Report ‘Wage Puzzle’El-Erian is more optimistic than Gross on how the Fed will react to the drop in average earnings, but both see rate hikes this year.
January 09, 2015
How OPEC Weaponized the Price of Oil Against U.S. DrillersIf there ever was doubt about the strategy of OPEC, its wealthiest members are putting that issue to rest.