Economy & Markets
The important economic and stock market news that advisors need to know.
Stocks lift 401(k)s, but many Americans unprepared for retirement
By Walter HamiltonThe average 401(k) balance reached a new record of $89,300 in the fourth quarter, up 15.5 percent from a year earlier.
February 11, 2014
Emerging stocks advance on Chinese bank rallyThe MSCI Emerging Markets Index hit a two-week high.
February 11, 2014
House GOP Prepared to Vote on Clean Debt Ceiling RaiseHouse GOP members were unable to get enough support for debt limit plan to mostly eliminate a cut in the military retirement cost-of-living adjustment.
February 10, 2014
Macro Prospects Dim for Turkey, but Niches Attract InvestmentThe Turkish central banks recent move to raise interest rates is a much-needed step to help an economy extremely vulnerable to global economic shocks.
February 10, 2014
4 Reasons U.S. Doomsayers Are Wrong: Milken ExpertSurveys show most Americans are pessimistic about the U.S. future, but Milken Institute scholar Joel Kurtzman says there are four reasons they are dead wrong.
February 10, 2014
Yellen, Not Debt Ceiling Debate, to Spark Washington FireworksWhile Yellen will face tough critics Tuesday, analysts are optimistic that a debt limit bill will pass prior to the Feb. 27 deadline.
February 10, 2014
My Favorite Stock Market Technical IndicatorIs there a key to the future? We explore the efficient market hypothesis and the directional movement index.
February 07, 2014
Grantham: ‘7 Lean Years’ Now PermanentGMO hedge fund manager Jeremy Grantham is bullish on metals, phosphate and grains; says we may be in for a "Great Fertilizer War."