Economy & Markets
The important economic and stock market news that advisors need to know.
Maria Bartiromo: More ‘Money Hammer’ Than ‘Money Honey’
By Jane Wollman RusoffThe Fox anchor talks to ThinkAdvisor about her advice for FAs, why business news is sexy and why beauty only gets a journalist so far.
June 12, 2015
Schwab, TD Ameritrade Post Strong Asset Growth, Beat IndexesSchwab reports total assets of $2.57 trillion $1.27 trillion of which is advised assets; TD has total assets of $710 billion.
June 12, 2015
Consumer sentiment in U.S. climbed more than forecast in JuneThe labor market has buoyed consumers attitudes, even as gas pump prices rise from the cheapest rates since 2009.
June 12, 2015
El-Erian: Fed to hike rates in SeptemberThe pending interest rate boost will be very different from previous hikes, the economist says.
June 11, 2015
El-Erian: Fed to Hike Rates in SeptemberThe impending tightening of monetary policy, the economist says, will be "the loosest tightening in the modern history of central banking."
June 10, 2015
MSCI Defers China Inclusion, Opts to Work With RegulatorIssues over the addition of A-shares into the global benchmarks have not yet been fully resolved.
June 10, 2015
Meredith Whitney Done Managing Money After Hedge Fund FlopWhitney says her hedge fund experience was highly unfortunate and Im putting it behind me.
June 10, 2015
Gundlach: Bond Market Is Wrong to Predict Rate Hike This YearDoubleLine CEO Jeffrey Gundlach puts the odds of an interest rate hike before the end of the year at less than 50%.