Economy & Markets
The important economic and stock market news that advisors need to know.
Fund Manager Sentiment Perks Up in July: Merrill Survey
By Michael S. FischerInvestors added risk but remained worried about an earnings recession and debt deflation.
July 15, 2019
LPL, BlackRock, BofA Look Ahead With CautionAfter a strong first half of 2019, all eyes are on the Fed and trade tensions, according to the firms' midyear outlooks.
July 15, 2019
Schwab Aims to Buy USAA Brokerage Business: ReportCharles Schwab is said to be offering about $2 billion for the unit.
July 15, 2019
Skience Launches New Version of Its Wealth Management Platform: Portfolio ProductsAlso, the Model FA online community has launched a resource library and podcast.
July 12, 2019
Top 12 Cities for Millennial HomebuyersWhen coastal hotspots aren't affordable, young home buyers have to look elsewhere for affordability and a fun environment.
July 11, 2019
MSCI Adds ESG Ratings to 32,000 Funds and ETFsRatings are on a scale from AAA (leader) to CCC (laggard).
July 10, 2019
Gary Shilling: Trump Sowing Uncertainty Stokes RecessionIn an interview with ThinkAdvisor, Shilling expands on his prediction that a recession has begun.
July 10, 2019
Fed's Powell Signals Rate Cut as Trade War Outweighs Strong Job MarketPowell also said in his congressional testimony that he would not resign from the Fed if Trump tried to fire him.