Congress Does Bare Minimum to Keep Government Open Next Week
The stopgap funding bill averts a shutdown on President Trump’s 100th day in office; lawmakers to continue talks on a broader financing bill.
The Glory Days Are Over: 4 Tips for Investing in a Low-Return World
Ronald Reagan and Paul Volcker helped plant the seeds for more than 30 years of growth, but many trends are slowing or reversing.
Tax Cuts to Happen in ’17, but Not Reforms: Andy Friedman
Also at the Raymond James conference, CEO Paul Reilly says cuts could benefit some advisors doing business as S Corps and LLCs.
White House Unveils Trump’s First Tax-Cut Bid, Corporate Rate of 15%
Tax plan calls for shift to territorial system for companies; top individual tax rate would be cut to 35% from 39.6%.
House Dems Blast Financial Choice Act, Call for Another Hearing
Democrats requested an additional hearing before the May 2 markup of Rep. Jeb Hensarling's Dodd-Frank replacement.
3 Trends Advisors Need to Watch
Author and former presidential advisor Pippa Malmgren lays out what's happening in the global economy at Raymond James' national event.
Financial Planners Fight Spending Bill Rider That Kills DOL Rule
The Financial Planning Coalition moves against other industry players who are "aggressively advocating" for a rider that would prohibit DOL from implementing the fiduciary rule.
Advisors Worry About Risk in Rising Passive Inflows
All that money moving into a single asset class is concerning, said Eaton Vance's John Moninger.
Wells Fargo Prevails Over Raucous Shareholders
Despite shouting and several advocates being escorted out, all 15 board members won re-election and no shareholder proposals critical of bank policies were approved.
How Trump's Tax Proposal Could Affect the Muni Bond Market
Cuts in marginal personal and corporate income tax rates and the elimination of the state and local tax deduction from federal taxes could affect munis.