Economy & Markets
The important economic and stock market news that advisors need to know.
Saving for Retirement ‘Not Main Priority’ for Working Americans: HSBC
By Emily ZulzDebt repayments are preventing working-age people from adequately preparing for a comfortable retirement, the bank says.
January 23, 2015
Roubini: Obama is right; gold bugs are wrongAt Davos, the economist warns about inequality and calls for higher taxes on the wealthy.
January 22, 2015
Obama Signals Support for DOL Fiduciary RedraftAs both sides gird for battle over the DOL measure, expected to be released any day now, the White House appears ready to lend support.
January 22, 2015
S&P 500 Erases 2015 Loss, Bonds Rally on ECB Stimulus; Oil DropsThe S&P capped its fourth straight gain amid the ECB's stimulus news and strong bank and transportation earnings.
January 22, 2015
Faber’s No-Fee ETF — and Why Asset Allocation Doesn’t MatterConcluding that low cost trumps portfolio optimization, investment quant Meb Faber provides an ETF to meet that need.
January 22, 2015
Bill Gross Put $700 Million Into Janus Unconstrained FundBill Gross is proud to eat his own cooking, Janus CEO Dick Weil said during the firm's earnings call.
January 22, 2015
ECB's Draghi Commits to Trillion-Euro QE Plan to Fight DeflationThis is a very important first step and a necessary step, Morgan Stanley CEO James Gorman said.
January 22, 2015
Best Fund Managers of 2014: MorningstarMorningstar has named the winners of its Fund Manager of the Year awards in five categories.