Economy & Markets
The important economic and stock market news that advisors need to know.
Should Stock Investors ‘Fight the Fed’?
By Barry RitholtzOne of the oldest rules on Wall Street is dont fight the Fed. But that knee-jerk response might be wrong, Barry Ritholtz says.
July 24, 2014
Top 20 Cities With Most MillionairesTax havens and banking and financial centers have the largest shares of wealthy residents.
July 24, 2014
Raymond James Reports Record Profits, Revenues: Q2 EarningsFee-based accounts now make up more than 70% of Private Client Group revenue.
July 23, 2014
MetLife SIFI Designation ImminentIn designating MetLife at this time, the FSOC would be ignoring the House Financial Services Committee.
July 23, 2014
Sales metric No. 1: Do you know where you’re going?Sales metrics may not be the most fun you can have at work. But knowing your history is vital if you want to increase your numbers.
July 22, 2014
Kotlikoff: Investors at Risk of Wipeout, SIPC a FraudEconomist Laurence Kotlikoff says all Americans should close their brokerage accounts immediately because of what he calls a massive insurance scam by the SIPC.
July 22, 2014
U.S. stocks rise on inflation, corporate earnings releasesThe Dow Jones Industrial Average increased 55.06 points, or 0.3 percent, to 17,106.79.
July 22, 2014
Dodd-Frank’s FSOC Under Fire as Americans Push for Wall Street CrackdownJust as a poll shows Americans back tough regulations on Wall Street, regulators and lawmakers continue to sharply criticize the Financial Stability Oversight Council.