Economy & Markets
The important economic and stock market news that advisors need to know.
Oil Price Drop Hitting Sovereign Funds: Invesco Study
By Janet LevauxNorth American sovereign wealth funds have been hardest hit by the steep drop in energy prices, the study found.
June 05, 2015
Dudley Says Fed Still Likely to Raise Interest Rates in 2015U.S. central bankers are still likely to start raising interest rates this year if the labor market improves further, the New York Fed president said.
June 05, 2015
Why ‘I Don’t Know and I Don’t Care’ Is Underrated: Eric NelsonServo Wealth advisor Eric Nelson says investors should beware of geeks and even Fed chairs bearing stock tips.
June 05, 2015
Apple Is the New Pimco, and Tim Cook Is the New Bond KingTech companies hoarding cash have become big fixed income players, going after investment-grade offerings.
June 05, 2015
EPA’s Fracking Study Bolsters Energy Industry, Undercuts EnvironmentalistsIndustry groups said that the result vindicated what they have been arguing for years: drilling activity has risks, but fracking doesnt deserve new federal oversight.
June 04, 2015
IMF Urges Fed to Delay Rate HikeThe Fed should hold off on raising interest rates until the first half of 2016, the IMF said as it cut its U.S. growth forecast.
June 03, 2015
11 Best & Worst 529 College Savings Plans of 2015: MorningstarThinkAdvisor looks at the college savings plans rated Gold, Silver and, well, Negative.
June 02, 2015
Vanguard Adjusts 4 Global FundsThe fund giant adds small-cap stocks to four international equity investments but doesnt raise fees.