Economy & Markets
The important economic and stock market news that advisors need to know.
The Fed’s ‘Wizard of Oz’ Effect on the S&P 500: GMO
By Emily ZulzAccording to GMO, FOMC days, regardless of the action announced, account for 25% of total real returns since 1984.
March 23, 2016
Lipper Fund Awards: TIAA Investments, Thrivent Win Top Group HonorsMore than 300 funds collected awards for consistent returns over 3-, 5- and 10-year periods.
March 23, 2016
Watch out for the U.S. recession signal in Friday's GDP reportJPMorgan sees 50 percent chance of downturn in two years.
March 23, 2016
Lloyd's of London takes 'massive hit' from low investment returnEarnings from investments fell 60 percent.
March 22, 2016
Beware of Models That Called It for RomneyMath drives an increasingly large number of investment portfolios. But as we learned during the financial crisis, models can and do break down.
March 22, 2016
BlackRock says there won't be a U.S. recession, cut TreasuriesBlackRock Inc., the worlds largest money manager, says investors should pare their Treasury holdings because the U.S. will avoid a recession.
March 22, 2016
Gold, Dollar Gain After Brussels AttacksU.S. stocks fluctuated as investors dived into haven assets after deadly terrorist attacks in Brussels killed at least 31 people.
March 22, 2016
Mutual Fund Investors Face Tax Season ‘Double Whammy’Many mutual fund investors will be paying taxes on investments in funds that had losses in 2015.