Economy & Markets
The important economic and stock market news that advisors need to know.
Trump's $4.7 Trillion Budget Headed for Rejection by Congress
By Erik Wasson and Justin SinkClashes with Congress could lead to another shutdown as Trump asks for $8.6 billion more for a border wall.
March 10, 2019
Bull Market Turns 10: Do You Know Where Your Portfolio Is?If you haven't rebalanced in a while, you may be in for a shock, Envestnet's Tim Clift says.
March 08, 2019
Treasury Gauge Points to Fed Cuts as Growth Outlook DarkensA gauge of economic health closely watched by the Fed is flashing warning signs.
March 08, 2019
US Payrolls Shock Suggests Dawn of a Long-Forecast SlowdownEmployers added 20,000 jobs during the month, the fewest since September 2017, missing all economist estimates and bucking a recent trend of strong February readings.
March 08, 2019
Clayton: SEC Plans to Update Equity Market Rules This YearThe plans address issues raised in a series of roundtables with market participants and investors last year.
March 07, 2019
ECB Slashes Growth Forecast, Injects More StimulusThe ECB cut its 2019 growth forecast to 1.1%, down from 1.7%, and revived its Targeted Longer-Term Refinancing Operations to encourage bank lending.
March 07, 2019
Vanguard Plans Its First Actively Managed ESG Mutual FundThe Global ESG Select Stock Fund will charge 55 basis points for Investor shares.
March 07, 2019
12 Best & Worst Broker-Dealers: Q4 Earnings, 2018Recent results for financial firms bounced back from a year ago, as one-time charges from tax reforms translated into one-time benefits.