Economy & Markets
The important economic and stock market news that advisors need to know.
Under the Hood: The US Fractional Reserve Banking System
By Mike PattonThe history of money, how it's valued and how leveraging bank deposits creates additional capital.
February 18, 2015
Many Fed Officials Were Inclined to Keep Zero Rates LongerFOMC meeting minutes showed diverging views over when the first increase may be appropriate.
February 18, 2015
Gundlach: Fed Raising Interest Rates ‘Philosophically’DoubleLine Capital CEO Jeffrey Gundlach is also bullish on gold and thinks oil will fall further.
February 17, 2015
Under the Hood: What You Need to Know About Bond Duration and ConvexityBoth the duration and convexity of fixed income instruments are highly relevant for an investor, especially when interest rates begin to ascend.
February 17, 2015
Get Ready for $10 OilGlobal demand remains weak, output is growing and OPECs power is eroding, columnist Gary Shilling warns.
February 16, 2015
HHS pushes Feb. 15 HealthCare.gov deadline to Feb. 22 for someThe one-week extension will help people who say they had technical problems.
February 13, 2015
Why Active Managers Fail (and Why You Shouldn’t Fire Them)A white paper from Jeremy Grantham's GMO offers a novel explanation as to what drives manager underperformance.
February 13, 2015
Target Date Fund Inflows Not What They Used to Be: MorningstarGrowth of net new assets for target-date funds was just 1% in Q4'14 vs. 3% in Q3'14, according to Ibbotson Associates.