Economy & Markets
The important economic and stock market news that advisors need to know.
Trump Drops Plan to Nominate Cain for Fed After GOP Balks
By Alister BullCain's candidacy appeared to be blocked in the Senate. Stephen Moore, another Trump Fed candidate, is still awaiting a formal nomination.
April 22, 2019
Consumer Satisfaction Higher at Digital-Only BanksFIS survey finds 63% of direct-to-consumer bank customers said they were "extremely satisfied."
April 19, 2019
Professional Fund Buyers See a Challenging Year Ahead: NatixisA Natixis poll finds professional fund buyers selectively use alternatives and favor active management.
April 18, 2019
Fears Over Health Stocks Wipe Out $150 Billion in Four DaysUnitedHealth is one of the companies taking a drubbing.
April 18, 2019
Is This the Age of the Active Manager?Active managers have seen a drop in inflows, but that could all change with a bear market, says Morningstar.
April 18, 2019
BlackRock CEO: Equity Under-Investment Could Lead to Market Melt-Up"Despite where the markets are in equities, we have not seen money being put to work," Larry Fink told CNBC.
April 18, 2019
How to Reduce Investment Risk From Climate Change and Other ESG WoesConsider warnings from BlackRock, the new S&P 500 ESG Index and Morningstar's latest Sustainability Atlas rankings.
April 18, 2019
Here's Why There Aren't More Muni Green BondsThere's no incentive when underwriting fees tend to be higher, according to a study from the business school at Stanford University.