Economy & Markets
The important economic and stock market news that advisors need to know.
Economists Can Tell You What You Should Want
By Mark BuchananBehavioral economists have made a lot of progress in disabusing their colleagues that humans are perfectly rational. That approach, though, goes only so far.
January 15, 2016
Market Drop Due to ‘Cracking’ Investor Confidence, Not RecessionCommonwealths Brad McMillan argues that even a confidence-driven bear market would be short-lived, especially if corporate earnings hold up.
January 15, 2016
Dow Sinks 391 Points in Global Equity Rout as Crude Nears $29Treasuries extended gains Friday as economic data and earnings added to concern that global growth is faltering.
January 15, 2016
Why Investors Are So Surprised by SurprisesSometimes, investors good-enough models of markets do a poor job of explaining events, and 2016 seems to be one of those periods, Barry Ritholtz writes.
January 15, 2016
Top Portfolio Products: DoubleLine Rolls Out Global Bond FundPlus, there are new ETFs from Van Eck & State Street, as well as news of a new advisory platform from Oppenheimer.
January 15, 2016
‘The Big Short’ Writer Finds Dark Humor in Financial MeltdownScreenwriter Charles Randolph talks to ThinkAdvisor about the making of the Oscar-nominated dark comedy starring Christian Bale and Brad Pitt.
January 14, 2016
Top 10 Big Cities for Economic Growth: 2015Job and pay growth were among the key metrics used by the Milken Institute to rank metro areas.
January 14, 2016
Return of the naysayers: U.S. recession odds highest since 2013Chinese stock markets plunged on the first trading day of the year, and the rest of the globe followed suit. Is this it the beginning of the next global downturn?