Economy & Markets
The important economic and stock market news that advisors need to know.
Investors Are Battening Down the Hatches for a Recession: Wells Fargo
By Michael S. FischerMore than half of investors are shoring up their finances as many see a recession ahead, Wells Fargo and Gallup report.
June 24, 2019
Beat the Fed: Lock In CD Rates NowThe founder of depositaccounts.com offers suggestions for investors seeking no-risk, income-producing products.
June 24, 2019
Farm Deluge Starts to Seep Into America's Fragile Rural EconomyFarmer sentiment has plunged to levels not seen since October 2016, a Purdue University/CME Group index showed this month. Net farm income last year was about half of the $123 billion earned in 2013.
June 21, 2019
Ed Slott: The Pros and Cons of Annuities in Retirement PlansIn this edition of Human Capital, Ed Slott discusses one of the main provisions of the Secure Act.
June 20, 2019
Vanguard Prepares to End Variable Annuity Offering"Annuity administration is not central to our long-term product and service plans," said Vanguard's Karin Risi.
June 20, 2019
Trump Says He Can Replace Fed's PowellJerome Powell, chair of the Federal Reserve Board, says he will serve his full term despite criticism.
June 20, 2019
Advisors are Bearish on Markets, Bullish on Their Own GrowthThese are among the key findings of the latest Independent Advisor Outlook Study from Schwab Advisor Services.
June 19, 2019
Fed Leaves Rates Unchanged, Scraps 'Patient' ApproachThe Fed's statement set the stage for potential rate cuts later this year although policymakers were sharply divided on the necessity for one.