Economy & Markets
The important economic and stock market news that advisors need to know.
Fed’s Powell sees 50 percent odds of his backing September liftoff
By Jeanna Smialek, Christopher CondonFederal Reserve Governor Jerome Powell said he sees a 50-50 chance the U.S. economy will improve enough for him to support an interest-rate increase in September.
June 22, 2015
Ben Bernanke: Hands Off Hamilton’s $10 Bill!The former Fed chairman talks baseball and says Treasury should replace Andrew Jackson on the $20 bill instead.
June 22, 2015
Don’t Worry About the Bull Market; Worry About the Dollar: Richard BernsteinThe former Merrill investment chief has some advice for investors worried about a stock market correction in the U.S. and looking for alternatives overseas.
June 22, 2015
Grantham, Kelly & Krawcheck to Speak at Morningstar ConfabThe popular investment conference takes place Wednesday through Friday in Chicago and should draw at least 1,000 advisors.
June 19, 2015
Repealing Obamacare Would Cost $353 Billion Over Next DecadeThe new CBO estimate comes as the Supreme Court is expected to decide on an important Affordable Care Act-related case.
June 19, 2015
Greece Is No Lehman Brothers to European MarketsFor all the angst-ridden headlines about Greece, markets are saying this is no repeat of the debt crisis that peaked four years ago.
June 19, 2015
‘All the World’s Major Regions Are Growing Once Again’: Schwab’s Kleintop"Volatility is something we need to get used to, but we dont need to brace for another shock," Schwab's global investment strategist says.
June 19, 2015
ProfitScore’s Fixed Income Approach Sets It ApartJohn McClures most popular strategy and, based on recent market action, the most timely, is his Long/Short U.S. Treasuries Index.