Economy & Markets
The important economic and stock market news that advisors need to know.
Passive Overtakes Active in US Stock-Fund Assets: Morningstar
By Bernice NapachAssets of U.S. equity index funds surpassed those of their actively managed counterparts for the first time.
September 18, 2019
CEOs Plan to Cut Hiring, Capital Investment: SurveyCEOs in the Business Roundtable's latest survey saw a pall over future growth.
September 18, 2019
Fed Cuts Rates Again; Signals Just One More Cut This YearThree Fed policymakers dissented from the rate cut decision.
September 18, 2019
Gundlach Bearish on Economy, Sees 'QE Lite'The Fed may start expanding its balance sheet and could embark on "QE lite," the DoubleLine Capital CEO said.
September 17, 2019
Fed Intervenes in Money Markets for First Time in 10 YearsThe injection of billions of dollars came after the market's overnight repo rate threatened to top the Fed's 2%-2.25% short-term target rate.
September 17, 2019
'We Remain Contrarian Bullish': Merrill StrategistFour in 10 investors in Merrill's monthly survey see a protracted U.S.-China trade war as the "new normal."
September 17, 2019
Active Equity Funds Rebound, but Will Performance Last?Nearly half outperformed their passive counterparts in the past year, but the longer term tells a different story, Morningstar finds.
September 16, 2019
Schwab Enhances Institutional Intelligent Portfolios: Portfolio ProductsAlso, AssetMark adds Savos Personal Portfolios to its offerings.