Economy & Markets
The important economic and stock market news that advisors need to know.
Gundlach: Fed Raising Interest Rates ‘Philosophically’
By Janet LevauxDoubleLine Capital CEO Jeffrey Gundlach is also bullish on gold and thinks oil will fall further.
February 16, 2015
HHS pushes Feb. 15 HealthCare.gov deadline to Feb. 22 for someThe one-week extension will help people who say they had technical problems.
February 13, 2015
Why Active Managers Fail (and Why You Shouldn’t Fire Them)A white paper from Jeremy Grantham's GMO offers a novel explanation as to what drives manager underperformance.
February 13, 2015
Target Date Fund Inflows Not What They Used to Be: MorningstarGrowth of net new assets for target-date funds was just 1% in Q4'14 vs. 3% in Q3'14, according to Ibbotson Associates.
February 13, 2015
S&P 500 fluctuates near record, Euro equities rise on GDP dataThe S&P 500 climbed 0.1 percent to 2,090.18 at 10:10 a.m. in New York, a point below its Dec. 29 closing record.
February 13, 2015
S&P 500 fluctuates near record, Euro equities rise on GDP dataThe S&P 500 climbed 0.1 percent to 2,090.18 at 10:10 a.m. in New York, a point below its Dec. 29 closing record.
February 12, 2015
Lithuania’s Euro Adoption Strengthens Western TiesLithuania adopted the euro on Jan. 1, becoming the third Baltic state to do so, at a critical time considering E.U. sanctions against Russia.
February 12, 2015
Currency Wars Have a Nuclear OptionThere is a big difference between countries that use domestic tools for domestic purposes and those that target currencies to gain an unfair trade advantage.