Economy & Markets
The important economic and stock market news that advisors need to know.
JPMorgan to Pay $920M for Manipulative Trading of Metals Futures, Treasuries
By Matt Robinson and Tom SchoenbergThe accord ends a criminal investigation in which six employees were charged with allegedly rigging prices of gold and silver futures over eight years.
September 28, 2020
When a Conservative Retirement Portfolio Works: Morningstar's BenzSome retirees are well on track to reach their financial goals. Christine Benz asks: Why add more portfolio risk?
September 28, 2020
Gundlach Flirts With Fleeing CaliforniaThe DoubleLine CEO cited "massive income tax increases on job creators" and "incompetent governance."
September 28, 2020
Vanguard, BlackRock, Transamerica Launch New ESG ETFs: Portfolio ProductsAlso, State Street adds a new fixed income ETF.
September 28, 2020
Carlyle Group Co-Founder: Mass Layoffs Are Coming — SoonIn a wide-ranging interview, PE exec and TV host David Rubenstein talks about his economic forecast and interviewing Ruth Bader Ginsburg.
September 25, 2020
4 Key Macro Factors to Watch on Our Road to RecoveryFor one thing, don't just watch what CEOs say — watch what they do.
September 25, 2020
U.S. Stocks See Third-Biggest Outflow EverInvestors exited the hottest sector of the market rebound, pulling the most money out of tech funds since June 2019.
September 25, 2020
Vanguard to Liquidate 2 Money Market FundsThe fund giant cited "changing market dynamics" in closing the funds to new investors Friday.