Economy & Markets
The important economic and stock market news that advisors need to know.
S&P 500’s Winning Streak Tops 1,370 Days
By Ron DeLeggeHow does today's market rise compare with other bull runs?
July 01, 2015
Making the Case for High-Yield Bonds Before the Fed Rate HikeThe U.S. high-yield muni composite is trading at higher yield than Iraqi and Lebanese bonds, which makes no sense and presents an opportunity, says Bernstein.
July 01, 2015
A Rational Wager on Greece: Searching for Alpha for July 2015Whats left to move stocks if the Greek drama ends? All signs indicate a strong Q2, with impressive wage growth and an improving housing market.
July 01, 2015
Fearing Rate Hike, Wealthy Opting Out of MarketThe Spectrem Millionaire Investor Confidence Index in June plunged to its lowest point in 16 months, Spectrem Group reported Tuesday.
July 01, 2015
10 Best US Cities for VeteransIn some of the cities in NerdWallet's ranking, more than a fifth of residents are veterans.
July 01, 2015
Gross Gets Co-Manager as Janus Acquires Firm of PIMCO AlumKumar Palghat, who worked with Gross at PIMCO for 10 years, will help run the Janus Global Unconstrained Bond Fund.
July 01, 2015
Goldman Sachs Pays Fine for Roiling Options Market in 2013Goldman agreed to pay a $7 million fine to settle regulatory claims that it sent thousands of mistaken orders.
July 01, 2015
U.S. stocks rise with Europe shares, treasuries fall on GreeceThe Standard & Poors 500 Index added 0.7 percent in New York, following its first three-month drop in 10 quarters.