Economy & Markets
The important economic and stock market news that advisors need to know.
Public Pensions Had a Good Q1
By Michael S. FischerMilliman's top 100 public pension funding index shows a big jump in funded ratios.
May 28, 2019
When Clients Divorce After 50, How Advisors Can Rescue Retirement PlansDennis Stearns tells ThinkAdvisor what advisors need to know about the "exploding trend" of gray divorce.
May 24, 2019
Florida Wins Big as Wealthy Leave Northern StatesThe Sunshine State nets $17.2 billion from inbound moves vs. outbound.
May 24, 2019
Muni-Junk Titan Nuveen Starts Fund to Take Advantage of DefaultsNuveen is among the biggest investors in high-yield muni bonds; closed-end fund prospectus registered Thursday with the SEC.
May 24, 2019
U.S. Economic Outlook Dims; Capital Goods Add to Weak DataJPMorgan issued a report Friday from its chief U.S. economist Michael Feroli entitled "Deteriorating Q2 GDP should put Fed on watch."
May 24, 2019
Sanders Revives Plan to Tax Stock, Bond and Derivatives TradesThe tax would be a disincentive for high-frequency trading and help middle-income Americans who helped foot the bill for the bailout of financial institutions after the 2008 market crash, Sanders said.
May 24, 2019
Russia's Dirty Oil Crisis Is Worse Than Anyone PredictedDespite repeated pledges from Russian authorities to resume shipments in days, the crisis is proving bigger, longer and costlier than almost anyone expected and a solution could still be weeks away.
May 24, 2019
Sen. Wyden Floats Tax Bill to Close Carried Interest LoopholeWyden calls the break for fund managers "One of the most indefensible loopholes in the tax code."