Economy & Markets
The important economic and stock market news that advisors need to know.
Puerto Rico Debt Law Nixed by Court, Leaving Congress in Charge
By Greg Stohr and Michelle Kaske, BloombergThe U.S. Supreme Court, siding with investors, ruled that Puerto Rico's public utilities cannot restructure their bonds in order to avoid default.
June 13, 2016
Silicon Valley’s Audacious Plan to Create a New Stock ExchangeThe author of The Lean Startup and his team are in early talks with the SEC.
June 13, 2016
Most Expensive Bond Market in History Has Come Unhinged. Or Not.Global yields are lowest since at least 1871, says Jack Malvey; term premiums in U.S., Japan, Germany and U.K. turn negative.
June 13, 2016
Microsoft to Buy LinkedIn for $26.2 BillionThe Microsoft offer values LinkedIn at about 91 times earnings before interest, taxes, depreciation and amortization.
June 13, 2016
Commodity Funds Outperform for First Time in YearsEven in a year when commodities are outperforming stocks and bonds investors should choose commodity funds carefully.
June 10, 2016
American consumer sentiment in June eases from a one-year highConsumers see inflation over the next 5 to 10 years at 2.3 percent rate, the lowest on record back almost a half century.
June 09, 2016
Negative Interest Rates Are Nothing to FearThere's nothing special about going below zero, but this tool--depending on how its communicated and used--can be valuable.
June 09, 2016
Janus Launches 4 Thematic ETFs, but Does Market Need One for Obesity?The Janus ETFs are designed to reflect changing demographic and consumer trends