Economy & Markets
The important economic and stock market news that advisors need to know.
With Brexit Defeat, Pound Trims Decline
By John AingerThe best case for a majority of investors would be another poll on whether Britain should leave the EU.
January 15, 2019
12 Best States for Retirement: 2019WalletHub found a big difference in costs among the states, which were also ranked on health care and quality of life.
January 14, 2019
Vanguard Holds Half of PG&E's $920 Million Municipal BondsPG&E intends to file for bankruptcy by the end of this month due to losses from California fires.
January 14, 2019
Citigroup Reports 21% Drop in Q4 Fixed Income TradingBut its CFO says the volatility is moderating, which boosted the bank's share price after earnings were announced.
January 14, 2019
ProShares to Launch 4 Leveraged ETFs: Portfolio ProductsAlso, S&P Dow Jones Indices launched a new index series to mitigate risks in global small-caps.
January 14, 2019
John Buckingham's Top 8 Stock Picks for 2019"The fact that stocks had such a miserable 2018 makes me more optimistic than usual," Buckingham tells ThinkAdvisor.
January 11, 2019
Sheila Bair Warns About Low-Quality Corporate DebtExcessive, low-quality debt could threaten the economy, the ex-FDIC chair warns.
January 11, 2019
Citigroup to Lead Bank Stocks as Earnings Kick Off MondayCitigroup switches places with JPMorgan, which usually reports first but follows a day later with Wells Fargo.