Economy & Markets
The important economic and stock market news that advisors need to know.
Client Outlook for the Stock Market Shifts to Bearish: Schwab
By Emily ZulzThe proportion of Schwab clients who think it's a "good time to invest" declined to the lowest level since 2015.
January 28, 2019
How Much Did the Shutdown Cost the Economy?The CBO says $11 billion; S&P Global Ratings, at least $6 billion, and there are fears of another shutdown in a few weeks.
January 28, 2019
Advyzon Adds Riskalyze Access to Its Advisor Portal: Portfolio ProductsAlso, American Beacon Advisors expands its fund lineup, while Defiance ETFs lowers fees on QTUM.
January 25, 2019
Annuity 'Strategies' Don't WorkHard sales tactics gave annuities a bad name. Which is too bad, because annuities solve important problems.
January 25, 2019
Trump Agrees to End Shutdown for 3 Weeks With No Wall MoneyThe president said he may shut down the government again if he and Congress can't reach a deal.
January 25, 2019
UBS Wealth Said to Plan Bonus Cuts of Up to 20%The banks is expected to tamp down expectations in Asia and Europe; volatile markets pushed rich investors to the sidelines.
January 25, 2019
Goldman, Morgan Stanley Ask to Cancel Trades After $41B Flash CrashThose who sold lost $9 million in minutes, calculations show; Jardine Matheson briefly lost $41 billion of market value.
January 25, 2019
US Equities Enduring a Pullback, Not a CrashWe believe U.S. stock market turmoil will be relatively short-lived.