Economy & Markets
The important economic and stock market news that advisors need to know.
Puerto Rico’s GO Debt Rallies, but Problems Remain for Bondholders
By Bernice Napach"Something has to give. The territory is struggling each day to meet its obligations," says muni credit researcher Richard Ciccarone.
January 05, 2016
12 Best Foreign Cities for Retirement: 2016A new list published by Live and Invest Overseas looks at where retirees can get the most bang for their buck.
January 05, 2016
BlackRock warns on bonds as Fed officials say economy is soundTwo regional Fed bank presidents dismissed concerns over stumbling stocks on the years first trading day and said the economy was on solid ground.
January 05, 2016
Puerto Rico General-Obligation Bonds Rise as Default AvertedOfficials said the commonwealth would pay all that it owed on the constitutionally protected debt while missing payments on other securities.
January 04, 2016
Investors in for 'wild market ride' in 2016: JanusJanus portfolio managers share their views on what could make this year an unpredictable one for advisors and investors.
January 04, 2016
Schwab’s Sonders, Kleintop: ‘Unfinished Business’ to Be Drag on Stocks in 2016Monetary policy will be a major factor in market growth in the U.S. and around the world in 2016, according to experts at Charles Schwab.
January 04, 2016
Stocks Tank on the First Trading Day of the YearBlame it on China or revived tensions between Saudi Arabia and Iran, or both.
January 04, 2016
Investor Sentiment Hit Two-Year Low in Q4: John HancockMiddle East turmoil and health care costs worry investors most, and they're most bullish on blue-chip stocks.