Economy & Markets
The important economic and stock market news that advisors need to know.
Wells Fargo Says It May Find ‘Significantly’ More Fake Accounts
By Laura J. KellerThe bank boosts its estimate of possible legal losses by $1.3 billion and discloses a CFPB probe into freezing of accounts.
August 03, 2017
GMO’s Grantham on Momentum, Value, Ben Graham and Stock PricesValue (like gravity in physics) is a weak force in the short term, but very, very persistent, says the chief investment strategist.
August 03, 2017
Invesco in Talks to Buy Guggenheim ETFs: ReportsThe deal could push Invesco PowerShares, now the fourth-largest ETF player, over the $160 billion asset mark.
August 03, 2017
What to Tell Clients About Closed-End Funds in a Rising Rate EnvironmentCEFs continue to be important income generators even as rates creep higher.
August 02, 2017
Gerald Celente: Rising Interest Rates Could Sink MarketsThe gloomy, and often correct, forecaster tells ThinkAdvisor why a 10% correction is coming, why Trump won and why stock investing is "a rigged game."
August 02, 2017
BlackRock's Ultra-Cheap Hedge Fund Doubles Assets in Six MonthsStyle Advantage long-short fund charges less than 1% in fees; 14 BlackRock strategies beat the industry average.
August 01, 2017
Greenspan: No Bubble in Stocks, but Look Out When Bonds PopEquity bears hunting for excess in the stock market might be better off worrying about bond prices, Alan Greenspan says.
July 31, 2017
Top 10 Real Estate ETFs and Mutual FundsThe top 5 real estate ETFs have outperformed the top 5 real estate mutual funds and the S&P 500 year-to-date.