Economy & Markets
The important economic and stock market news that advisors need to know.
Tapering Worries Dampen Fund Flows
By Janet LevauxTapering concerns outweigh equity gains as investors pull out of U.S. equity funds; some flows positive for country funds, dividend-focused products.
December 06, 2013
Gross, El-Erian Sing Jobs Report PraisesPIMCO's Bill Gross puts the odds of tapering in December at "at least 50-50."
December 05, 2013
Underinsurance persisting in exchangesThe new exchange plan out-of-pocket maximums are high, the firm says.
December 04, 2013
Claiming Social Security at 70 Can Cost You: T. Rowe StudyAmericans who delay claiming till age 70 to maximize their benefits may be also undermining their retirement income. Yes, you read that correctly.
December 04, 2013
The Boomer-Bond Link ExplainedVanguard expert says that rates shouldn't be rising any time soon due to weak job growth, news that should be good for yield-seeking investors.
December 03, 2013
PIMCO’s Gross: Fed Playing a ‘Dangerous Game’Bill Gross explains PIMCOs outperformance through an approach that doesnt fight the Fed, but rather deflects its easy-money approach through a retreat from risk.
December 03, 2013
Detroit Eligible for Bankruptcy, Judge RulesDetroit is eligible to shed billions in debt in the largest public bankruptcy in U.S. history, a judge said Tuesday in a long-awaited decision.
December 03, 2013
How to (Carefully) Play the Aussie Dollar Short Trade—Searching for Alpha for December 2013Goldman Sachs recommends buying the S&P 500 index in 2014 while shorting the Australian currency, but I would urge caution.