Economy & Markets
The important economic and stock market news that advisors need to know.
College Degree a Poor Investment for 25% of Grads: NY Fed
By Gil WeinreichA new study by researchers at the Federal Reserve Bank of New York offers a nuanced view of the economic value of a college education.
September 04, 2014
Andrew Madoff, Convicted Conman’s Last Surviving Son, Dies at 48He died Tuesday at Memorial Sloan Kettering Cancer Center in New York after battling mantle cell lymphoma, his attorney told Bloomberg.
September 04, 2014
European Stocks Rise With Bonds as Euro Slips on ECB StimulusThe European Central Bank unexpectedly cut interest rates and announced a bond-buying program.
September 03, 2014
Private Sector Growing Faster Than Before BubbleWhy is total U.S. economic growth so slow? Blame the decline in real government spending, OppenheimerFunds chief economist says.
September 03, 2014
PIMCO’s Gross Prefers Bonds to the Mattress, St. Louis Fed Not So SureBill Gross says financial assets still beat cash, yet the St. Louis Fed finds Americans have been massively hoarding cash. Time to stuff your mattress?
September 02, 2014
S&P to 3000? Morgan Stanley Experts Make the CaseHow high can the S&P 500 go? Many factors bode well for continued economic growth, equity experts argue.
September 02, 2014
How to eliminate multi-carrier billing objectionsTwo trends are transforming the world of benefits and terrifying the industry in the process.
September 02, 2014
Investing Like a Billionaire: Buffett and Icahn’s Energy InvestmentsBuffetts energy play includes investing in spinoffs of companies hes already backed, while for Icahn, the energy sector comprises just 19% of his equity holdings.