Economy & Markets
The important economic and stock market news that advisors need to know.
Pioneer of Yield-Curve Recession Indicator Says Don't Relax Yet
By Emily BarrettWatch whether the 3-month to 5-year Treasury yield spread stays negative for a full quarter.
May 02, 2019
FINRA Fines AXA Advisors Over 401(k) MisrepresentationsAXA misrepresented that certain bond funds in the plans were "investment-grade" when they were largely high-yield or junk bonds.
May 02, 2019
Envestnet Names Top Asset Managers of 2019The portfolio specialists and strategists outperformed benchmarks and rivals despite volatility of the past year or so.
May 02, 2019
Nasdaq Chief: We Need More Companies to Go PublicThe historically sluggish pace of IPOs short-changes average investors, Adena Friedman says.
May 01, 2019
Fed Leaves Rates Unchanged, Chair Says Policy Has No Bias to Hike or CutBut the Fed lowered the interest paid on bank reserves deposited with the central bank, to 2.35% from 2.4%.
May 01, 2019
Endowments and Foundations Are Worried About a Global SlowdownRespondents expressed less concern about geopolitical uncertainty and global inflation, and none about interest rates.
May 01, 2019
Top 11 States for Retirement on a Fixed IncomeThese states offer a cheaper way to live, so retirees who have slim assets might be able to get by without having to work.
April 30, 2019
A Flood of Nontransparent Active ETFs Could Be Coming — SoonAn SEC decision could open the product floodgates. But will investors jump in?