Economy & Markets
The important economic and stock market news that advisors need to know.
Morningstar: Vanguard's Yones on Dealing With 'Product Inundation'
By James J. GreenDoug Yones speaks of how advisors can deal with "product inundation," how to conduct due diligence on those products, and how advisors can counteract "home market bias" to "truly diversify" client holdings internationally.
August 07, 2015
PIMCO’s Latest Woes: The Good, the Bad & the UglyThe SEC is looking at odd lot pricing of non-agency MBS, which is no simple matter, says a Morningstar researcher.
August 07, 2015
Star Trek Economics: A Future Free of the Dismal ScienceIn thinking about the economics of Star Trek, what were really thinking about is how to get to economic utopia, Noah Smith writes.
August 06, 2015
RBC Slashes Expenses on 4 Mutual Funds in Bid to Attract AdvisorsUnder RBC Globals Cornerstone Investor program, funds expenses will be cut 39%-44%; select advisors who invest minimum of $10 million will get institutional-level services.
August 06, 2015
Job Market's Signals for the FedJust a slight strengthening of labor market conditions (particularly on the wage front) would be enough to increase the probability of a September rate hike.
August 06, 2015
This Recovery Really Is DifferentCredit bubbles are very different from ordinary recession recoveries. Bank crises and the long, slow, painful recoveries are simply not comparable to other business cycles.
August 05, 2015
Sen. Warren Floats Bill to Stop Credit Checks by EmployersThe Equal Employment for All Act would prohibit employers from requiring potential employees to disclose their credit history when applying for a job.
August 04, 2015
3 Ways to Tell if a Stock Has Hit BottomAs Ben Graham said, it's better to buy after a decline, but how do you tell if a stock has finished declining?