Economy & Markets
The important economic and stock market news that advisors need to know.
Gary Shilling: The Recession May Have Already Begun
By Bernice NapachIn that case, bond yields are heading sharply lower, says Shilling, who has a strong track record of correct forecasts.
July 03, 2019
'We Are Part of the Problem': Billionaires and Heirs Demand Wealth TaxNineteen wealthy people are calling on Democratic presidential candidates to support such a tax.
July 03, 2019
Bond Funds Drift Into Risky Debt, Adding to Angst Over LiquidityMany relatively straightforward U.S. bond funds have increased their holdings of lower-rated bonds, emerging-market debt and other securities to juice returns.
July 03, 2019
SEC Chair's Top Aide Leaving for Private Law PracticeJay Clayton is promoting Sean Memon, his deputy chief of staff, to replace Lucas Moskowitz, according to the regulator.
July 03, 2019
Trump Taps a Longtime Dove and a Onetime Gold Bug for FedDespite their differences, both are expected to support lower interest rates.
July 01, 2019
DWS Group Launches First S&P 500 ESG ETF for US Investors: Portfolio ProductsAlso, Principal introduces its first interval fund and Eaton Vance announces a strategic initiative within its Parametric subsidiary.
July 01, 2019
Morningstar Tweaking Ratings to Emphasize CostThe Chicago-based research firm is also said to be making the ratings system tougher for active managers.
June 28, 2019
Deutsche Bank Plans to Cut Up to Half of Global Equity JobsThe cuts, in equities trading and research and derivatives trading, will include staff in the U.S. and Asia.