Economy & Markets
The important economic and stock market news that advisors need to know.
Treasury Yield Curve Inverts for First Time Since 2007
By Emily Barrett | Katherine Greifeld"It looks like the global slowdown worries have been confirmed, and the market is beginning to price in Fed easing ... ," a Charles Schwab strategist said.
March 20, 2019
Business Roundtable Calls for National Privacy Law; Trims Economic OutlookEighty percent of roundtable members said it was at least "somewhat" important for Congress to enact such a law.
March 20, 2019
Fed Plans No Rate Hike This Year, Will End Asset DrawdownThe Fed indicated it would begin to slow the shrinking of its balance sheet in May, dropping monthly Treasury redemptions from $30 billion currently to $15 billion.
March 20, 2019
UBS Exec: Q1 'One of the Worst' in Recent HistoryGlobal wealth management revenue is down about 9 percent from a year ago, Ermotti said, with the gap narrowing as the quarter proceeded.
March 20, 2019
Gary Shilling: A Recession Is Coming, and Maybe a Bear Market, TooThe recessionary indicators are numerous.
March 19, 2019
Jumpy Investors Continue to Flee Stocks: MerrillChina slowdown is global fund managers' top concern, Merrill survey finds.
March 19, 2019
Advisors' Advice: 11 Financial Mistakes Retirees MakeWe asked advisors about their retiring clients' biggest blunders.
March 18, 2019
Top 10 Tax Facts for 529 Savings Plans in 2019Many clients are somewhat confused by 529 plans, and Trump's tax reform law added to that confusion.