Economy & Markets
The important economic and stock market news that advisors need to know.
Top 15 Most Expensive States for Long-Term Care: 2016
By Marlene Y. SatterGenworth survey identifies the states with the highest annual care costs.
May 11, 2016
Half of Advisors Say Volatility Is the New Normal: SurveyMost advisors have learned how to cope with volatility, but their clients have not, Eaton Vance's quarterly Top-of-Mind Index survey finds.
May 11, 2016
Gold Now in a Long Bull Market, Analysts SayJPMorgan is bullish on the precious metal, and Goldman Sachs is upping its price targets as well.
May 11, 2016
PIMCO Total Return Fund Cuts Emerging Debt to Lowest Since 2014Emerging bonds decline to 9.4% of assets from 28.9% in August; PIMCO has been reducing risk, Dan Ivascyn says in a market outlook.
May 10, 2016
GMO’s Grantham: Housing ‘Echo Bubble’ May Prompt New CrisisJeremy Grantham says inflated housing prices are a more likely cause than overvalued equities in the "race to cause the next financial crisis."
May 10, 2016
The five powerful forces that are driving income inequalityDuring the past quarter-century, Americans increasingly marry people like themselves, a fact that is contributing to the widening gap.
May 09, 2016
Top Portfolio Products: Pershing Adds 3 Robo-Advisors to Its PlatformThis week's new products and services include three robo-advisors added on one platform and six new options in an investment-only variable annuity.
May 09, 2016
Value Funds Are Leading in 2016, From Small Cap to Large CapWhy value stocks are outperforming growth stocks this year.