Economy & Markets
The important economic and stock market news that advisors need to know.
The $23 Trillion Argument Against Dismantling U.S Earnings Rules
By Felice Maranz and Elena PopinaInvestment strategists critique Trump's order for the SEC to consider requiring semi-annual corporate earnings reports instead of quarterly ones.
August 17, 2018
Oil Posts Longest Losing Run Since 2015 Amid Economic FearsSlowing demand and rising supplies are weighing on oil prices.
August 17, 2018
$1.5 Trillion in Corporate Cash Is Coming to AmericaBlackRock, JPMorgan Chase and Fidelity Investments are among asset managers racing to create new strategies for clients who want to repatriate funds.
August 17, 2018
Louisiana Bans BofA, Citi from Bond Sale Over Gun PoliciesCommission votes to exclude top U.S. underwriters from deal; bank policies seen 'infringement on the rights' of residents.
August 17, 2018
Trump Wants SEC to Study Ending Quarterly EarningsThe CEO who urged the president to look into 6-month reporting is PepsiCo's Indra Nooyi.
August 16, 2018
CLOs Are Hot. Plan Accordingly.Issuers want to sell them to life insurers, but their popularity may not be a good thing.
August 15, 2018
Libor Replacement Begins to Take RootWithin the past few weeks the World Bank and Fannie Mae have issued floating rate notes tied to the U.S. Secured Overnight Financing Rate, or SOFR.
August 15, 2018
How Investors Choose Their Mutual Funds: ICI SurveyThey appear to favor lower fees more than the industry does.