Economy & Markets
The important economic and stock market news that advisors need to know.
El-Erian: Diverging Fed and ECB Policy Could Ratchet Up Tension
By Emily ZulzEl-Erian narrows in on three major international repercussions that should be monitored over the coming months.
December 04, 2015
Junk Bond Issuance Soars Ahead of Expected Fed Rate HikeThe higher yields of junk bonds tend to offset some of the impact of falling prices when rates rise.
December 04, 2015
Puerto Rico's Debt Deal Goes to Supreme CourtHigh court likely to rule by June in battle with bondholders.
December 04, 2015
Bill Gross: Easy-Money Casino Is Closing; Time to Sell StocksWhen investors lose faith in monetary policy and their currencies crater, they'll "look around like Wile E. Coyote wondering how far is down, Gross writes.
December 04, 2015
9 best U.S. cities for advisors to find clients: 2015These cities have the highest number of wealthy households with the fewest advisors to serve them.
December 03, 2015
Affluent Investors’ Confidence Grows in November: SpectremWhile investors are feeling more confident, concerns over the threat of terrorism weigh on investor sentiment, Spectrem Group says.
December 02, 2015
Bernanke: IMF Move to Include China’s Currency Shouldn’t Worry U.S.Including the renminbi as a reserve currency is the equivalent of giving China a symbolic "gold star" in school, the former Fed chief says.
December 02, 2015
Merrill: Climate Change Could Cause ‘Unprecedented Damage to Financial Stability’It's not just politicians and climate scientists sounding the alarm about climate change. Even the big banks are calling for action to reduce carbon emissions.