Economy & Markets
The important economic and stock market news that advisors need to know.
Sen. Wyden Floats Tax Bill to Close Carried Interest Loophole
By Elizabeth FestaWyden calls the break for fund managers "One of the most indefensible loopholes in the tax code."
May 23, 2019
Honoring Advisors Who Serve(d): Memorial Day, 2019ThinkAdvisor's yearly compilation highlights the stories of 11 military veterans who also serve in the financial advisory industry.
May 23, 2019
Trump to Approve $16 Billion More in Farmer Trade-War AidAgriculture Secretary Sonny Perdue said Thursday that China is targeting Trump's political base with its retaliatory tariffs on U.S. agricultural products.
May 21, 2019
Institutional Investors Say They're Confident About Navigating Market VolatilityA Wilshire survey identifies geopolitics and monetary policy as possible catalysts for the next downturn.
May 21, 2019
Shadow Banking Is a New Culprit in Systemic Risk: FitchBank exposure channels, insurance companies and pension funds may be at risk, Fitch said.
May 20, 2019
Public Pension Funds Falling Short of Needed Returns This YearPresident Trump's trade war with China isn't helping.
May 20, 2019
Negative Fee ETF Is a Credit Negative for Asset Managers: Moody'sSalt Financial's Low truBeta U.S. Market ETF "furthers the relentless march towards fee compression in the fund industry," Moody's says.
May 20, 2019
China Warns About `Unwavering Resolve' to Fight U.S. `Bullying'China could retaliate against the U.S. after President Donald Trump blacklisted Huawei Technologies Co., the Chinese ambassador to the European Union said.