Economy & Markets
The important economic and stock market news that advisors need to know.
Morningstar Upgrades 5 Funds, Downgrades 7 and Puts 3 Under Review
By Bernice NapachThe new Morningstar analyst ratings included only one upgrade to Gold.
January 11, 2017
Trump’s Border Tax Threat May Weaponize the DollarThings may even out in the U.S., but emerging markets will suffer.
January 11, 2017
Gundlach, Ribbing ‘Second-Tier’ Managers, Says 3% Is Rate to WatchThe DoubleLine CEO took an apparent shot at Bill Gross while discussing his yearly outlook, which also predicted a stock selloff around Trumps inauguration.
January 10, 2017
Bill Gross: Forget Dow 20K, Here’s the Number to WatchIn his January outlook, Gross discusses "the key to interest rate levels and perhaps stock price levels in 2017."
January 09, 2017
FHA to Cut Fees, Lowering Rates for First-Time Home BuyersThe change, which Trump could reverse when he takes office, reduces annual insurance premiums by 0.25%.
January 09, 2017
SIFMA Recommends Full-Market Close on MLK DayThe move would cover government securities, muni bonds and other products.
January 09, 2017
Goldman Strategists Decry as ‘Fake News’ a Rotation From Bonds to StocksGoldman expects a minimal shift away from debt into equity because of investment restrictions and other factors.
January 09, 2017
Congress Gets Rolling on Trump Cabinet ConfirmationsWhile the SEC still has two commissioner seats to fill, Democratic Commissioner Kara Stein's term is up in June.