Economy & Markets
The important economic and stock market news that advisors need to know.
Goldman Sachs Is Considering a Custody Offering for Crypto Funds
By Sridhar NatarajanA formal offering from Goldman Sachs would provide a credible backing for crypto funds and could attract more investors to the asset class.
August 02, 2018
Guess Who's Getting Richer From Higher Rates? (Probably Not You)Large lenders scoop up the biggest benefit of higher interest rates.
August 02, 2018
The Reach for Yield Finally Claims a Fund VictimGAM Holding AG froze assets after investors requested redemptions worth more than 10% of the fund.
August 02, 2018
Apple Becomes First U.S. Company to Hit $1 Trillion ValueApple's shares have almost tripled in price since its founder, Steve Jobs, died in 2011.
August 02, 2018
Recession Is Coming in 2 Years or Less: Adam ToozeThe professor and award-winning author tells ThinkAdvisor that Americans are getting dangerously complacent.
August 01, 2018
Fed Leaves Rates Unchanged, Cites Strength in Economy, Labor MarketsThe Fed statement also appears to pave the way for another rate hike in September.
August 01, 2018
The Most Googled Financial Questions, by StateHere's what Americans really want to know about their money, according to an analysis by Liberty Bank.
August 01, 2018
Fidelity Unleashes No-Fee Index FundsTwo funds will have no expenses or minimums, and 21 other funds will have no minimums and one low fee for retail and institutional investors.