Economy & Markets
The important economic and stock market news that advisors need to know.
Wall Street Bets on Bond Revival in Trader Hiring Spree
By Lisa AbramowiczWall Street firms are starting to bet on an end to the profit-eroding boredom in credit markets by building their bond trading desks.
May 21, 2014
Top 10 Billionaire Art Collectors: Wealth XWith art auctions setting records, spurring investment in art, Wealth-X has put together a list of the 10 biggest art collectors in the world.
May 21, 2014
Funds as SIFIs Would Be ‘Too Burdened to Succeed’: ICI ChiefIt would not take much of a "SIFI premium" to increase the fees of these funds significantly, says ICI's Paul Schott Stevens.
May 20, 2014
Geithner Omits Cost of Success in ‘Stress Test’What Tim Geithner doesn't entirely convey in his new book is that success came at a steep price.
May 16, 2014
Niall Ferguson: The Black Swan Investors Should FearThe conservative Harvard economic historian says there's a problem much bigger than Fed tapering for investors to worry about.
May 16, 2014
PIMCO Funds Bled $5.5 Billion in April: MorningstarIn contrast, Vanguard attracted $10.1 billion last month, Morningstar reported.
May 16, 2014
Chinese Communists More Market-Friendly Than U.S.: George GilderI sat down with the free-market conservative Gilder to discuss why his views appear to be out of favor, to put it in investment-speak.
May 16, 2014
Top 5 States With Greatest New 401(k) GrowthNew 401(k) plans are a good indication of a states growing economy, according to research by Judy Diamond Associates.