Economy & Markets
The important economic and stock market news that advisors need to know.
Will Orion Be Sold? CEO Weighs In on Speculation
By Janet Levaux"Everyone asks what's next" after the Schwab-TD Ameritrade deal, Orion CEO Eric Clarke tells ThinkAdvisor.
January 17, 2020
After 33 Years, Treasury to Issue New 20-Year BondWall Street lobbied against longer durations as the government was weighing what to do.
January 16, 2020
Big Banks Reap $32B Windfall From Trump Tax Cuts: ReportBank of America, JPMorgan, Wells Fargo and others paid 18% in taxes vs. about 30% two years ago, Bloomberg says.
January 16, 2020
Most Americans Expect Their Finances to Be Same or Worse in 2020: SurveyMany younger adults are optimistic about their financial situation, Bankrate reports.
January 16, 2020
What J.P. Morgan Sees for Hedge Funds, Real Estate, Other Alt Investments in 2020ESG considerations are cropping up in several asset classes, J.P. Morgan Asset Management reports.
January 15, 2020
The Importance of 3 Sources of Retirement Income: StudyOnly 7% of retirees benefit from the ideal 'three-legged stool,' the National Institute on Retirement Security reports.
January 15, 2020
World's Largest Asset Manager Doubles Down Against Climate Change"I believe we are on the edge of a fundamental reshaping of finance," BlackRock CEO Larry Fink says in a shareholder letter.
January 14, 2020
Labor Dept. Plans to Restrict Media Access to Key Economic ReportsThe government, according to people familiar with the matter, cited security risks and unfair advantages for news media.