Economy & Markets
The important economic and stock market news that advisors need to know.
Investors to Fed: Stop Raising Rates
By Michael S. FischerSixty-one percent of investors in a Wells Fargo-Gallup poll said rates should not be raised further, up from 46% in May.
December 14, 2018
Trump Supports Opportunity Zones, but More Guidance NeededAn executive order could boost opportunity zones, but measuring effectiveness of the investments is difficult.
December 13, 2018
Pimco Sees 'Flashing Orange' US Recession SignalChance of U.S. downturn 30% in next 12 months, a nine-year high, says the bond giant, which oversees $1.7 trillion.
December 13, 2018
Sales of Fixed Indexed Annuities May Swamp Other Annuities, Report SaysCerulli says that FIAs will make up 40% of total annuity production by 2023.
December 13, 2018
Public Asset Managers' Assets Rebounded in Q3: SS&C ReportOutflows accelerated and operating margins declined.
December 12, 2018
2 Compelling Investment Themes for 2019: Hennessy FundsPortfolio manager Ryan Kelley uncovered these themes during the recent rebalance of the Hennessy Cornerstone Mid Cap 30 Fund.
December 12, 2018
U.S. Debt Up Almost 10% Since Trump Took OfficeThe federal debt has grown by $1.9 trillion in the past two years and is now at a record high.
December 12, 2018
Wall St. Shrugs Over Government Shutdown RisksThe S&P has gained in the last five government shutdowns.