Economy & Markets
The important economic and stock market news that advisors need to know.
Existing-Home Sales Fall to 3-Year Low
By Shobhana ChandraExisting-home sales account for about 90% of U.S. home sales.
January 18, 2019
Cushing Launches Income-Focused Equity Sector & MLP ETFs: Portfolio ProductsAlso, North Capital launched a new investment vehicle, REITless Impact Income Strategies.
January 18, 2019
Rig Slowdown Signals Shale RetreatOil explorers are reluctant to expand activity without more concrete signals that the recovery will endure.
January 18, 2019
Repeal SALT Cap, Raise Corporate Tax: Bloink & Byrnes Go Thumb to ThumbDemocrats have proposed increasing the corporate tax rate in order to offset a repeal of the controversial deduction cap.
January 17, 2019
Remember: Volatility Opens Up Other Investment OpportunitiesAfraid to walk the market tightrope? BNP and Northern Trust offer suggestions and cautions for 2019 investments.
January 17, 2019
Morgan Stanley Q4 Earnings Disappoint in 'Difficult Environment'The wealth unit saw a slight drop in pretax net income and revenue, though its after-tax income improved sharply.
January 16, 2019
Fiserv to Buy First Data for $22B, Forming Payments GiantThe deal, one of the biggest financial mergers in a decade, will create the world's largest payment processor amid a wave of consolidation in that industry, which faces threats from startups like Square.
January 16, 2019
What's Worrying JPMorgan's Dimon? Bad PolicyDimon stressed the need for more compromise in government during a conversation at the Economic Club of New York.