Economy

2014 in review

A look at selected capital markets worldwide.

January 12, 2015 | 12:01 am
Direct Edge Holdings to pay $14 million in SEC settlement

Direct Edge Holdings to pay $14 million in SEC settlement

Two Direct Edge exchanges now owned by BATS Global Markets will pay $14 million to settle charges of improperly describing stock orders, the SEC announced Monday.

January 12, 2015 | 01:40 pm
December unemployment data mixed

December unemployment data mixed

December's wage data were disappointing. Indeed, while private-sector payroll employment rose solidly by 240,000 and the average workweek for the sector was unchanged at 34.6 hours, the drop in...

January 12, 2015 | 03:32 pm

Winners (and losers) of the oil price drop

Increased volatility as a result of uncertainty about oil prices is something that should have active stock pickers gleeful.

January 12, 2015
Be aware of your assumptions

Be aware of your assumptions

Since 2009, investors and markets have been highly sensitive to risk — and markets have offered high risk premiums. As these risks have gradually diminished, all asset classes have benefited....

January 08, 2015 | 10:23 am

Fed unlikely to hike interest rates before April, minutes show

Most Federal Reserve officials agreed their new policy guidance means they are unlikely to raise interest rates before late April, and a number of them expressed concern that inflation could remain...

January 07, 2015 | 03:54 pm
CFA Institute survey: U.S. equity market viewed as top 2015 investment opportunity

CFA Institute survey: U.S. equity market viewed as top 2015 investment opportunity

The U.S. equity market is expected to produce the best investment opportunity in 2015, with 33% of respondents to a CFA Institute survey citing the country as the standout performer.

January 07, 2015 | 03:34 pm

BATS Global Markets proposes fee cuts, other changes for equity exchanges

BATS Global Markets on Tuesday proposed that equity exchanges implement tiered market-access fees that would cut those fees for the 200 most actively traded U.S. stocks by 80%.

January 06, 2015 | 05:37 pm
Aksia: Hedge fund managers optimistic about equity markets for 2015

Aksia: Hedge fund managers optimistic about equity markets for 2015

Hedge fund managers are optimistic that the S&P 500 index will continue its upward trend in 2015, a survey released Tuesday by hedge fund consultant Aksia showed.

January 06, 2015 | 03:39 pm

TIAA-CREF picks Urban Institute’s Fisher chair for Samuelson Award

C. Eugene Steuerle was named winner of the $10,000 TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security, TIAA-CREF Institute said in a...

January 05, 2015 | 03:40 pm
Miami, San Francisco home prices see biggest yearly gains through October

Miami, San Francisco home prices see biggest yearly gains through October

Home prices in Miami and San Francisco rose the most on an annualized basis among major metropolitan areas through October. Miami saw prices rise 9.5% and San Francisco prices rose 9.1%, followed by...

December 30, 2014 | 11:28 am
Forecasters see U.S. leading the growth in 2015

Forecasters see U.S. leading the growth in 2015

The U.S. will lead the way to an uptick in global market growth in 2015, with different markets picking up steam at different paces, said market forecasters.

December 22, 2014
Monetary policy divergence becoming unusually explicit

Monetary policy divergence becoming unusually explicit

Monetary policy divergence — and the opportunities and downfalls it presents — is set to take center stage in conversations among global money managers in 2015, with expectations that...

December 22, 2014

Currency divergence to continue

One of the most obvious outcomes of diverging monetary policy has been the depreciation of currencies in an effort to make markets more attractive. The euro vs. dollar was at 1.23 on Dec. 18,...

December 22, 2014

New concerns arise for asset owners, but an old one never left

Asset owners will have some relatively new worries in 2015 — geopolitical risk, oil-price declines and the impact of changes in mortality tables on funding — but there’s also a...

December 22, 2014