Economy & Markets
The important economic and stock market news that advisors need to know.
FSOC Cites Brexit, Cybersecurity as Top Concerns
By Elizabeth FestaDigital assets like Bitcoin don't appear to threaten financial stability, as their market capitalization is still small, according to FSOC's annual report.
December 19, 2018
Fed Raises Rates, Trims Forecast to 2 Hikes Next YearFed policymakers also lowered slightly their expectations for growth and inflation in 2019.
December 19, 2018
Millennial Homebuyers Confront the 20% Down Payment BenchmarkIt takes a typical couple seven years to save that amount, Zillow reports.
December 19, 2018
McConnell to Offer Stopgap Bill to Avert Shutdown as Trump FumesThe GOP plan would keep the government running until early February.
December 19, 2018
Investors Close to 'Extreme Bearishness' in December: MerrillIn the monthly fund manager survey, long U.S. dollar bumped tech stocks as the most crowded trade.
December 18, 2018
SEC Seeks Comments on Earnings, Quarterly Report ChangesShould companies be allowed to report earnings less frequently?
December 18, 2018
Putnam Investments Launches 'Always Active' CampaignThe campaign is designed to build awareness of the firm's active management capabilities.
December 18, 2018
Health Stocks, Debt Fall as ACA Ruling Jolts InvestorsThe S&P 500 Managed Care Index dropped 2.5%.