Economy & Markets
The important economic and stock market news that advisors need to know.
Is There Still Time to Make Money in Oil?
By Bernice NapachOr is all the good news about production cuts already baked into oil-related asset prices?
December 15, 2016
Michael Lewis’ Portrait of Two Men Who Changed the WorldLewis book on Amos Tversky and Daniel Kahneman is an introduction to behavioral economics thinly disguised as a biography of its two protagonists.
December 15, 2016
Raymond James Adds 2 Teams; Wells Fargo Nabs Breakaways: Recruiting RoundupMeanwhile, LPL Financial attracts affiliated advisors from rival IBDs, as RBC hires a longtime Merrill advisor with long career at Merrill Lynch.
December 14, 2016
Fed Surprises Financial Markets, Indicating 3 Rate Hikes Next YearThe biggest impact was on the dollar, which soared while stocks rose, then fell, and Treasury yields increased.
December 14, 2016
Gundlach Sounds Fed Alarm, Warns of Selloff Near Inauguration DayA 10-year Treasury above 3% is going to hurt, the bond guru says.
December 14, 2016
Fund Managers Bullish, Haven’t Hit ‘Peak Greed’ Yet: MerrillInvestors around the world expect stronger growth, higher inflation and higher profits, according to Bank of America Merrill Lynchs December global fund manager survey.
December 13, 2016
6 Economic Predictions for 2017: SIFMAThe forecast begins to reflect peoples expectations of fiscal and trade policies under the Trump administration.
December 13, 2016
Investors Anticipate 'Dramatic Change' in 2017: NatixisThe survey also showed that institutional investors confidence suffered after the U.S. election.