Economy & Markets
The important economic and stock market news that advisors need to know.
Wiped-Out Hedge Fund Manager Confesses Losses on YouTube
By Marvin G Perez, Isis Almeida and Naureen S. MalikJames Cordier cites volatile trading in natural gas, crude; Tampa-based Optionsellers.com's accounts have been liquidated.
November 20, 2018
Worst Day of an Awful Year Leaves No Corner of Market UnscathedSimmering weakness across assets boiled over, leaving investors with virtually nowhere to hide.
November 20, 2018
Investors May Have a False Sense Of Security: NatixisLow interest rates and subdued volatility may have given investors unreasonable expectations, Natixis says.
November 20, 2018
Expect More Stock Market Losses if US-China Trade War WorsensMorgan Stanley analysts say the trade war will further disrupt supply chains, reducing earnings growth for many U.S. stocks.
November 20, 2018
Goldman Says It's Time for Equity Investors to Boost Their Cash"Cash will represent a competitive asset to stocks for the first time in many years," writes Goldman's chief U.S. equity strategist David Kostin.
November 19, 2018
3 Oil Producers Walk Into a Barrel...How will the relationships between Trump, Putin and Mohammed Bin Salman affect oil prices in 2019, and hence, the global economy?
November 19, 2018
Furious Traders Slam Crypto Exchange for Fiddling With ContractsHong Kong-based OKEx crypto exchange platform forced early settlement of Bitcoin Cash causing trader losses.
November 19, 2018
U.S. Homebuilder Index Drops by Most Since '14 as Rates RiseThe buyer-interest gauge is "pretty weak" and may be more concerning if it stays below 50 for a few months, said Barclays economist Blerina Uruci.