Economy & Markets
The important economic and stock market news that advisors need to know.
Wall Street Has Found Its Next Big Short in U.S. Credit Market
By Rachel Evans, Matt Scully, BloombergStruggling retailers such as Macys are fueling mall defaults; investors are betting against commercial mortgage-backed debt.
March 10, 2017
Optimism About US Economic Growth at 13-Year High: AICPAThe poll found that optimism about the 12-month outlook for the U.S. economy had risen to 69% from 62% in the fourth quarter.
March 09, 2017
That Radical Obama Wasn't So Awful for MarketsA cautionary tale of how dangerous it is to confuse your own partisan politics with objective market analysis, then and now.
March 09, 2017
Dimon Says Trump Has Reawakened ‘Animal Spirits’ in USThe JPMorgan CEO says hes not concerned about a stock correction and that consumer and business confidence have "skyrocketed."
March 09, 2017
Bill Gross on ‘Animal Spirits’ in Markets: Be ConcernedThe highly levered financial system is "like a truckload of nitroglycerin on a bumpy road," Janus' Bill Gross warns.
March 09, 2017
How Expensive Are Stocks — Really?One way to answer the question: Ritholtz's six rules of valuations.
March 08, 2017
The Bull Market Is 8 Years Old. What’s Next?The second longest post-WWII bull market is supported by strong fundamentals, but P/E ratios are rich by historical standards.
March 08, 2017
Gundlach: Fed to Raise Rates ‘Until Something Breaks’The DoubleLine CEO is bullish on some emerging-market debt and Asia equities; bearish on Europe.