Economy & Markets
The important economic and stock market news that advisors need to know.
The Limits of Fed Policy, Per Its Chairman
By Bernice NapachThis was one of several themes Fed Chairman Jerome Powell spoke about in testimony before the Joint Economic Committee.
November 12, 2019
Schwab, BNY Mellon Stress DiversificationWith "fewer shock absorbers in the economy," investors must be extra careful with asset allocation, BNY's Khanna said at Schwab Impact.
November 12, 2019
Wirehouses Warn: 60/40 Asset Allocation Is DeadAt least three major financial firms are warning about the strategy's serious deficiencies for the future.
November 11, 2019
Fidelity Expands Thematic Lineup to 16 Funds: Portfolio ProductsAlso, Envestnet expands MyBlocks offerings with five Yodlee FinApps.
November 08, 2019
SRI, ESG or Sustainable Investing? Confusion Over Names Limits Growth, Report SaysThere are 80 different terms to describe various forms of sustainable investment, which confuses investors.
November 08, 2019
Millennials' Declining Health Could Hurt the Economy: Moody'sOlder millennials experience more chronic health conditions than previous generations did at the same age.
November 08, 2019
Investors Looked on the Bright Side in Q3: Wells Fargo"With a mix of encouraging and discouraging economic news, investors chose to focus on the positive."
November 07, 2019
Stock Markets Hit All Time Highs—Now What?Can the two main stock valuation ratios be trusted to predict a market top?