Economy & Markets
The important economic and stock market news that advisors need to know.
Powell Pledges Flexible Fed Policy, Won't Quit if Trump Asks Him
By Jeanna Smialek and Rich MillerFed watchers say the bar is very high for the president to remove the Fed chair "for cause," and Powell could fight the dismissal in court.
January 02, 2019
How Did the Markets Do in 2018? A RecapThe biggest and smallest losers, along with some gainers in S&P Dow Jones indexes, based on total returns.
January 02, 2019
Gary Shilling Sees 66% Chance of Recession in 2019He recommends "defensive" stock sectors, long-term Treasuries and a "heavy cash position."
January 02, 2019
The Statistical Meaninglessness of Year's First Day for StocksSince 1928, gains or losses in any year's inaugural session have matched the annual direction of U.S. stocks only about half of the time, data compiled by Bloomberg shows.
January 02, 2019
What Suze Orman Really Thinks of Financial AdvisorsOrman tells ThinkAdvisor about her 17 years as a broker and what she thinks of digital advice.
January 02, 2019
Divided Congress' First Task: Tussle With Trump Over ShutdownThe first test of the new dynamic in Washington may come Wednesday afternoon.
December 28, 2018
Private Wealth Group to Be Added to S&P 500First Republic Bank, which includes about 150 financial advisors with $131 billion of assets, has been on a recruiting tear.
December 28, 2018
ETF Buyers Race to Short-Term Treasuries for Yield, SafetyShort-term ETFs account for 60% of flows into government debt ETFs this year.