Economy & Markets
The important economic and stock market news that advisors need to know.
Morningstar: Hennessy Funds' Brian Peery on Mid Caps
By James J. GreenThe manager of Hennessy Funds' Cornerstone Mid Cap 30 Fund describes the fund's screening process, including why he focuses on year-over-year rather than quarterly earnings.
August 12, 2015
GMO’s Montier: Stocks Are Nowhere Near Fair ValueIt would take 60 years for todays stock market to be considered fair value assuming real interest rates remain at -2%, Montier says.
August 10, 2015
Confusing What Just Happened With What Happens NextLessons for investors, advisors and traders on how behavioral finance's recency effect plays out in the markets and affects market participants.
August 10, 2015
Experts Wary of Swiss Economy Over Central Bank’s Huge Loss, Franc’s StrengthWhats next for Switzerland after Swiss National Bank faltered and the Swiss franc strengthened?
August 10, 2015
Fixed Income ETF Flows Anticipate Rate Hike in September: SSgAInvestors shifted their focus away from [aggregate] funds and toward government and corporate funds, perhaps attempting to better position portfolios," SSgA's Dave Mazza says.
August 10, 2015
Buffett Worries Rate Hike Could Damage Economy; Touts Precision PurchaseWarren Buffett warns of bad timing for Fed move because Europe needs to keep rates low.
August 10, 2015
Top Portfolio Products: Franklin Templeton Introduces Flexible Global Bond FundThe fund can invest in global debt obligations of any credit quality, maturity or duration, including derivatives.
August 10, 2015
Why the Fed Won't Raise Rates Next MonthLooking at the numbers around stocks, oil and commodities, why I doubt the Federal Reserve will raise rates at September FOMC meeting.