Economy & Markets
The important economic and stock market news that advisors need to know.
20 Best & Worst States for Pension Funding
By Dan BermanPublic employees of some states find their retirement plans imperiled through bloated promises and mismanagement, while employees of other states are better off.
September 06, 2013
Krugman: Obama’s Economic Policy a ‘Horrifying Failure’The rapidly approaching fifth anniversary of the Lehman Brothers bust is bringing with it reflections of how far we have, or haven't, come.
September 06, 2013
10 Best Finance Tweets of the Month: AugustThe Nasdaq shutdown sends tweeters scrambling, Ian Bremmer issues a warning about war and a fake rep pleads with BrokerCheck to expunge a sordid incident.
September 05, 2013
PIMCO’s Gross Dodges Total Return’s Strikeout With Baseball MetaphorsBill Gross thinks baseball players are fat, Cracker Jack should be spelled with an 's,' and the engine of capitalism is under threat.
September 05, 2013
Most Americans Say Recovery Passed Them ByWhat recovery? is the reaction of many Americans five years after the Great Recession, according to the latest Country Financial Security Index survey..
September 04, 2013
G20 Summit: States chase tax evaders with plan to swap data globallyThis will mark a dark day for tax evaders worldwide.
September 04, 2013
Friedman: ‘Twin Threats’ of Government Shutdown, Debt Default Could Roil MarketsA volatile September may be in store, Andy Friedman says, if Congress fails to deal with the looming debt limit crisis.
September 04, 2013
PIMCO Total Return Loses 14% in Four MonthsRecent missteps have allowed smaller rivals like DoubleLine to gain ground.