Economy & Markets
The important economic and stock market news that advisors need to know.
Millionaire Confidence Sags Going Into Elections: Spectrem Group
By Michael S. FischerMarket fluctuations and trade concerns push investors away from individual stocks.
November 05, 2018
Citizens Bank to Buy $7.5B Clarfeld Financial AdvisorsSeparately, Arkadios Capital adds a $3.5 billion fixed income team from Raymond James.
November 05, 2018
In a Shift, Retirees Donate More to DemocratsIt's the first midterm election year since 1990 that this has happened, according to the Center for Responsive Politics.
November 05, 2018
8 Ways HNW Investors See Economy, Congress & TrumpAfter a tough October for stocks, UBS just asked investors with assets of $1 million or more how they are feeling about the markets and political momentum.
November 05, 2018
If House Flips, SEC Advice Standards Package Likely to Face ScrutinyExpect continued gridlock, "with only a few issues like infrastructure likely to move in 2019," predicts Horizon's Valliere.
November 05, 2018
Don't Trust Computers to Pick Stocks: Gary SmithDon't worry about computers taking over; worry about a bubble in AI stocks, the ace stock-picker tells ThinkAdvisor.
November 05, 2018
SEC Adopts New Order Handling, Routing Rules for Broker-DealersThe rule amendment "will make it easier for investors to evaluate how their brokers handle their orders," the agency states.
November 05, 2018
Goldman Forecasts 5% Gain for S&P 500 in 2019The forecast is about three times what the index has gained ytd following the October rout.