Economy & Markets
The important economic and stock market news that advisors need to know.
Third Avenue Redemption Freeze Sends Chill Through Credit Market
By Sridhar Natarajan, Bloomberg, Miles Weiss, Bloomberg, Charles SteinInvestors who piled into junk bonds are being reminded how hard it can be to cash out.
December 11, 2015
You Can't Predict Future Markets After Flat YearsRather than be taken in by a good story about next year's market, look at the data. You might be surprised.
December 10, 2015
Top 10 Best Jobs of the Future: 2015These fast-growing jobs pay more than average, and most don't require advanced degrees. Advisor jobs fell to #37 on the list.
December 10, 2015
Crude Slips to 6-Year Low as OPEC Strategy Weighs on MarketSpeculation that OPEC will keep markets oversupplied outweighed a drop in U.S. crude stockpiles.
December 10, 2015
When Can Bond Traders Lie to Their Customers?Is lying to your investors about the price you paid for a bond fraud? A federal court decides.
December 10, 2015
U.S. to Stand Out Amid Limited Global Growth in 2016: Merrill LynchBofA Merrill Lynch expects the global economy and markets in 2016 will perform a lot like they did this year, with a few exceptions.
December 10, 2015
Grantham: 12 Economic Facts to Ruin Investors’ 2016The GMO portfolio specialist urges investors to face the truth and embrace a specific resolution this coming New Year.
December 09, 2015
Gundlach Warns of ‘Carnage’ in Post Rate-Hike WorldThe DoubleLine CEO says that when the Fed raises rates, everything will change.