Economy & Markets
The important economic and stock market news that advisors need to know.
Northwestern cuts ‘frothy’ stocks as Joelson seeks private deals
By Zachary TracerNorthwestern Mutual Life Insurance Co. is turning to property investments and private deals after scaling back from stocks during last years rally.
March 07, 2014
Putin sparking worst stock rout since Moscow protest crackdownPutins incursion into Ukraines Crimea region is sparking investor concern that Russias economic growth will falter.
March 07, 2014
Nancy Prior to Head Fidelity Fixed IncomeShe'll report to Charlie Morrison, the new head of the $1.9 billion asset management group.
March 07, 2014
Bill Gross on Stocks: Head for Exits After 2014Bill Gross says 2014 will be a good year, but, quoting Yeats, warns that after years of QE, the center cannot hold.
March 07, 2014
PIMCO’s Gross: El-Erian ‘Trying to Undermine Me’The PIMCO co-founder lashes out at El-Erian for talking to press, says he monitored El-Erians phone calls.
March 07, 2014
Boeing will freeze 68,000 nonunion workers’ pensions by 2016The worlds largest planemaker will freeze pensions as it works to cut costs.
March 06, 2014
Roubini: How I’d Invest $1 Million Right NowNouriel Roubini, known as Dr. Doom since he predicted the financial crisis, tells Bloomberg TV that he feels Dr. Realist is a better fit.
March 06, 2014
DFA Beats Bogle, Grantham—They All Beat Buffett: AnalysisDFA proponent Eric Nelson weighs the strategies of Warren Buffett, Jeremy Grantham and John Bogle and finds their returns wanting compared with DFA's investing approach.