Economy & Markets
The important economic and stock market news that advisors need to know.
Ouch! DoubleLine Raids TCW Again for More Talent
By Janet Levaux, Joyce HansonThe focus has now turned to equity analysts, as the fixed-income shop makes a push to broaden its investment horizons.
March 21, 2013
5 Reasons to Watch for Deflation: Gary ShillingThe last meaningful episode of deflation was in the 1930s, but it's about to happen again, the perma-bear says.
March 21, 2013
PIMCO Targets European Commercial PropertyThe firm is targeting direct commercial real estate investments and nonsecuritized loans, which carry greater risk but higher return potential.
March 21, 2013
Jeremy Siegel’s Math Puts Dow at 18,000 Next Year: EpsteinGene Epstein of Barron's has the Wharton professor's math on his side when he gives 50-50 odds for the Dow hitting this milestone in 2014.
March 20, 2013
Inside the Moleskine IPO: Everything you need to know about this wildly profitable fancy notebook companyIf a notebook maker can issue an IPO in this economy, then there is money out there after all.
March 20, 2013
Fed Holds Rates, QE in Place as Congress Holds Budget HostageIn its efforts to prop up the economy by keeping interest rates down, the Fed will keep buying $85 billion a month in Treasury and mortgage-backed securities.
March 20, 2013
Freddie Mac Sues Big Banks Over LIBORGovernment-owned Freddie Mac accuses the banks, including Bank of America, of acting collectively to hold down the U.S. dollar LIBOR.
March 20, 2013
BlackRock’s Koesterich: Europe’s Banks Are Its ‘Achilles’ Heel’At a Commonwealth gathering, a BlackRock investment guru sees danger and opportunity in Europe and suggests the great rotation to equities is not happening."