Economy & Markets
The important economic and stock market news that advisors need to know.
Why Americans are eating fewer hot dogs
By staff WriterPeople arent eating fewer hot dogs considered the idea recession foodstuff because of the economy.
June 28, 2013
Vanguard Wraps Up Benchmark Switch, Taps Muni Bond Fund ManagersThe fund giant moves 22 index funds with $650 billion in assets to FTSE and CRSP benchmarks, including popular emerging-markets products.
June 28, 2013
Bond Mutual Funds, ETFs Post Record OutflowThe $61.7 billion outflow far exceeds the previous record set at the height of the financial crisis in October 2008.
June 28, 2013
Where to Invest When Safe Havens CrumbleFor decades we thought Treasury bonds were the safe haven, and look at whats happened in the last two months, a BNY Mellon researcher said.
June 27, 2013
Global Investment Alert: Bad News for Greece, Morocco; Good News for Qatar and UAEMSCI is moving Greeces index down from a developed market to an emerging market and Moroccos from an emerging market to a frontier market, while Qatar and the United Arab Emirates will be elevated from frontier markets to emerging markets.
June 27, 2013
U.S. consumer spending rebounded in MayProgress is slow, but markets are moving forward.
June 27, 2013
What’s Next for GDP? Prudential Panelists Agree on Growth, Sort ofEd Keon is quite bullish, while Quincy Krosby et al. take a more reserved, though optimistic, view on where economy and markets are headed.
June 27, 2013
PIMCO’s Gross: Don’t Abandon Ship in Turbulent MarketIn a new market commentary filled with nautical metaphors, the manager of the worlds largest bond fund reassures investors roiled by last weeks choppy markets that they should stay the course.