Economy & Markets
The important economic and stock market news that advisors need to know.
Gross says global yields aid U.S. bonds even as Fed raises rates
By Wes GoodmanTreasuries fell a second day Monday, with the 10-year note yield rising to the highest level in a month.
March 04, 2016
Tightening U.S. job market keeps the hope alive that wages will growThe biggest blemish in the February jobs report was a 0.1 percent drop in average hourly wages.
March 04, 2016
Jim Rogers: There's a 100% probability of a U.S. recession within a yearThe former partner of George Soros suggested that if investors focus on the right data, there are signs that the U.S. economy is already faltering.
March 04, 2016
Why Wall Street’s Iconic Steakhouses Are EmptyWhether its because of indigestion or market-induced exhaustion, fewer and fewer traders have any appetite for that midday filet mignon and scotch.
March 04, 2016
Top Portfolio Products: Funds Target the Environment, Bitcoin and DividendsThis fund may interest advisors whose clients are interested in "mining" bitcoin but don't want to buy all the hardware.
March 03, 2016
Bill Gross: Global Economy ‘Devolving’; Finance ‘Burning Out’The credit-powered economy is running out of fuel and will eventually stall out if economic and monetary policies dont change, says Gross.
March 03, 2016
Trump, Anti-Establishment Politics Baffle Markets: El-ErianThe future of the U.S. economy is an "open question" given the political situation, says the Allianz economic advisor.
March 03, 2016
What We Need From Friday’s Jobs ReportWhat the economy needs from the jobs report and what the markets require over time is the same.