Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Rate Hike Cycle to End After One More Increase: Survey
By Christopher Condon and Catarina SaraivaBut none of the 32 economists surveyed by Bloomberg expect a hike when the Fed meets this week.
March 14, 2019
Academics Wary of FSOC's New Systemic Risk PlanFinancial services companies want regulators to focus on problem activities. Jeremy Kress says that won't work.
March 13, 2019
Gundlach Sees a Stock Drop, Calls US Debt Growth 'Shocking'The DoubleLine Capital CEO also sounded off on modern monetary theory and the college bribery scandal.
March 12, 2019
May's Brexit Deal Defeated; Extension Now Seen as `Inevitable'Members of Parliament are expected to vote Wednesday on a no-deal option and, if that is defeated, then vote Thursday on a short-term extension.
March 12, 2019
Advisors' Advice: 10 Financial Mistakes Millennials MakeThinkAdvisor asked financial advisors to describe a big financial mistake they've seen millennial clients make.
March 11, 2019
Trump 2020 Budget Squeezes Social Security, Medicare: Alicia MunnellSen. Bernie Sanders tweeted that the budget is "breathtaking in its cruelty."
March 11, 2019
US Companies Get Green Light on Controversial Pension PayoutsThe Treasury notice was largely a surprise, says attorney Kevin O'Brien, who called it "a very big deal."
March 11, 2019
These 'Future Shocks' Could Shake Up Wealth ManagementToffler Associates CEO Maria Bothwell tells ThinkAdvisor about four major drivers of change advisors need to watch.