Economy & Markets
The important economic and stock market news that advisors need to know.
Gray-haired Florida replaces oil towns as hottest U.S. economies
By Erin RomanNaples, Florida, topped the list of metropolitan areas that are expected to see the most economic growth next year.
June 17, 2015
Fed signals rate increase this year, gradual path in 2016The Federal Reserve signaled a pickup in the economy is keeping it on track to raise interest rates this year, though subsequent increases are likely to be more gradual than anticipated earlier.
June 17, 2015
Merk Pleads: Stop the Fed!The central banks extraordinary ZIRP policy and expanding mandate are distorting the economy and heightening social tension, the fund exec warns.
June 17, 2015
PIMCO Sold Itself Some BondsIt's a fascinating little study in bond market liquidity. One is a story of costs, the other is a story of risks.
June 17, 2015
Fed Holds Rates Steady, Signals Slow IncreaseFed decision suggests economic liftoff still a ways off; 2% inflation goal not seen until the "medium term."
June 17, 2015
Climate Change Brings Threats, Opportunities to Chilean EconomyPolitical scandals arent the only thing weighing down the Chilean economy these days.
June 16, 2015
SIFMA Lowers Growth Outlook; Sees Fed Rate Hike in SeptemberDespite a negative Q1, "the economy is already getting right back on track," said Ethan Harris, chairman of SIFMAs Economic Advisory Roundtable.
June 16, 2015
Investors Boost Cash on Threats of Rate Hike, Greek Exit: BofA MerrillGlobal investors are holding more cash in anticipation of Fed rate hike and worries about Greece and China, a BofA Merrill Lynch survey finds.