Economy & Markets
The important economic and stock market news that advisors need to know.
PIMCO Total Return Outflows Down 65% in November
By Janet LevauxMeanwhile, Bill Gross' new Janus fund added $770 million, and the DoubleLine Total Return Bond Fund gained $800 million during the month.
December 04, 2014
10 Best States for High-Paying, High-Tech JobsA Milken Institute index ranks states ability to convert their science and technology resources into high-paying jobs.
December 04, 2014
Schwab Sees Bull Market Raging On in 2015, With CaveatsData suggests continuance of secular bull market, say Liz Ann Sonders and colleagues, but watch out for energy junk bonds.
December 04, 2014
Gloomy Gross Sees No Return to Normal in His LifetimeJanus Capital bond manager Bill Gross says the time has come to take some chips off the table.
December 03, 2014
Banks Primed to ‘Collapse Like a House of Cards,’ Banking Expert WarnsStanford professor Anat Admati warns that the financial system is primed to experience another collapse, with little likelihood of averting the danger.
December 03, 2014
Even Congress Doesn’t Like the Tax Plan It’s Ready to PassLawmakers, about to pass a short-term deal on tax extenders, know what theyre doing is bad policy. And theyre doing it anyway.
December 03, 2014
Best Finance Tweets of the Month: NovemberCredit cards for communists, cow cartels and an Anthony Wiener moment from a Twitter exec.
December 02, 2014
High CEO Pay Equals Low Corporate Performance: GMO ReportA savvy portfolio manager wants to buy shares of companies focused like a laser beam on maximizing shareholder value, right? Not so, says GMO.