Economy & Markets
The important economic and stock market news that advisors need to know.
John Lindsey: How Edward Jones ‘Brutalizes’ Breakaway Brokers
By Jane Wollman RusoffWhen John Lindsey broke away in 2012, Edward Jones sued for $5 million. But Lindsey fought back and is helping other brokers do the same.
March 12, 2014
Attention ‘Bonehead Brokers’: Margin Trades Can Burn YouRecord-high margin lending, profitable today, will inevitably land advisors in arbitration, says lawyer Stoltmann, warning, "Stupidity on the part of the broker isnt a defense."
March 11, 2014
Gross to Lighten Grip on Dissent at PIMCO: ReportMeanwhile, a PIMCO trustee criticizes Bill Gross $200 million salary.
March 11, 2014
6 Bitcoin Risks for Investors: FINRAFINRA on Tuesday warned investors of the top six reasons why buying and using a digital currency such as bitcoin can be risky.
March 10, 2014
Bull market rivals ’90s at half valuation as demand broadensThe American equity rally that just turned 5 years old is starting to match the 1990s Internet bubble.
March 10, 2014
Bull market rivals ’90s at half valuation as demand broadensThe American equity rally that just turned 5 years old is starting to match the 1990s Internet bubble.
March 10, 2014
‘The Biggest Threat We Face Might Be Economic Growth’: MerkAxel Merk warns that economic growth leading to rising interest rates would add $1 trillion in interest expense to finance our deficit.
March 10, 2014
SEC to Muni Violators: Self-Report, or Face Tougher SanctionsThe SEC on Monday encouraged issuers and underwriters of municipal securities to self-report violations under a new continuing disclosure initiative.