Economy & Markets
The important economic and stock market news that advisors need to know.
Ritholtz: The Price of Losing Bill Gross or Jeff Gundlach
By Barry RitholtzOnce an ace manager departs, it seems it's only a matter of time before the outsize reputation of that fund departs as well, Ritholtz writes.
September 18, 2015
U.S. stocks fall as rate decision spurs global economy concernsFed Chair Janet Yellen kept interest rates on hold Thursday and sounded caution over slowing growth in China.
September 18, 2015
Maybe Banks Manipulated Treasury Bonds, TooIt seems quite plausible that the next round of big banks-rigging-things cases will be about rigging the Treasury auction market.
September 18, 2015
If Einstein Ran the Fed, Rates Would RiseEinstein said weird stuff happens at the quantum level, Bloombergs Mark Gilbert writes. Standard economics is not appropriate as one approaches the zero rate bound.
September 17, 2015
Advisors Downplay Fed’s Interest Rate DecisionToo much emphasis is being placed on the significance of this event, one advisor said as the FOMC announced it was keeping rates unchanged.
September 17, 2015
Fed Leaves Rates UnchangedFederal Reserve opted to delay a rate increase amid stubbornly low inflation, an uncertain outlook for global growth and recent financial-market turmoil.
September 17, 2015
SEC Removes Ratings References From Money Market Fund Rules"Reducing reliance on credit ratings to determine which securities money market funds can hold is an important part of our efforts," said SEC chief White.
September 16, 2015
QE’s Cost: Fed Exit May Hit Economy Faster Than in Past CyclesThe Federal Reserve will have to confront the costs of its massive balance-sheet expansion when policymakers raise interest rates.