Economy & Markets
The important economic and stock market news that advisors need to know.
Bill Gross: Slow Credit Growth Means Little or No Gain in Stocks
By Bernice NapachBond fund manager Bill Gross has a message for those hoping to reap investment gains this year: Dont expect much, and be prepared for losses.
July 06, 2016
Brexit demonstrates the power of the oldA note to government leaders: Ignore the thoughts and needs of aging populations at your own peril.
July 06, 2016
Vanguard Attracts Record New Money as Investors Flock to PassiveThe firm had $148 billion in inflows in first six months of 2016; some rival managers struggle to compete for client cash.
July 05, 2016
U.S. Economy SLUGish; Brexit Shock Lingers: Schwab’s SondersThe U.S. economy continues to move like a SLUG with Slow, Lumbering, Unstable Growth, according to Liz Ann Sonders.
July 05, 2016
Jeremy Siegel: Stocks Could Jump 15% This Year if Earnings RiseWith a rebound in the energy sector, investors could see some upside, the Wharton finance professor says.
July 05, 2016
Mutual Funds Mostly Positive YTD: MorningstarYet equity funds struggled in June, with all categories but large value posting negative one-month returns.
July 05, 2016
Treasury Yields Hit Record Lows; Strategists Warn Against Chasing YieldThe 10-year Treasury note yield slid to 1.37% in afternoon trading Tuesday. Even before Brexit, long-term U.S. rates were falling.
July 05, 2016
US Growth Weakest Since 2009: MarkitRecent data trends suggest the U.S. economy is growing at an annualized pace of just less than 1%, according to Markit's chief economist.