Economy & Markets
The important economic and stock market news that advisors need to know.
Schwab Aims to Buy USAA Brokerage Business: Report
By Janet LevauxCharles Schwab is said to be offering about $2 billion for the unit.
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.
July 10, 2019
Morningstar Explains Its Ratings System UpdateMany active funds may be downgraded due to a new system of taking fees into account with rankings.
July 10, 2019
Schwab Expands Commission-Free ETF Platform AgainWith the latest additions, Schwab has more than doubled the number of ETFs on its commission-free platform from a year ago.
July 09, 2019
Lack of 401(k) Annuitization Portability Is Mean: Pension Policy SpecialistsThe policy specialists say lack of portability could make clients' plan guarantee value vanish.
July 09, 2019
How Donor-Advised Funds Can Amp Up Their Giving PowerMany donor-advised fund investors don't realize they can make impact investments as well as giving to charity.