Economy & Markets
The important economic and stock market news that advisors need to know.
Sometimes It's Hard for Owners to Talk to Companies
By Matt LevineWhy the U.S. Justice Department is casting a wary eye on public company executives talking to individual shareholders.
July 20, 2016
PIMCO Names Man Group’s Chief Emmanuel Roman as Its New CEORoman to replace Douglas Hodge, who succeeded Mohamed El-Erian in 2014, as asset manager moves to diversify beyond fixed income focus.
July 20, 2016
Lending to Poor People Didn't Cause the Financial CrisisTwo Trump advisors lay the blame for the credit crisis and Great Recession on the Community Reinvestment Act of 1977. The reality is different.
July 19, 2016
Treasuries Snap Losing Streak as Bond Bulls Ponder 1% U.S. YieldMore investment strategists are expecting the 10-year Treasury yield to fall to 1% by next year, which would mean more gains
July 19, 2016
Millennials Will Vote to Shake Up Wall Street. Right?Guess again. Young people care most about the economy and terror, just like their parents, a Harvard survey finds.
July 19, 2016
Another Bad Month for Active Funds: MorningstarWith active U.S. equity suffering its largest monthly outflow since October 2008, some fund families feel the pain.
July 19, 2016
Goldman Sachs Profit Jumps 74% on Bond Trading: Q2 EarningsFixed-income revenue rises 33%, equities revenue drops 11%; firms compensation costs decline 13% to $3.3 billion.
July 19, 2016
Gallup: U.S. economic confidence stuck at lower levelCurrent economic confidence in the U.S. contrasts with stronger confidence levels seen for most of the first half of 2016.