Economy & Markets
The important economic and stock market news that advisors need to know.
10 Reasons Finance Is Going to Keep Changing
By Barry RitholtzWhen I was speaking at an investment conference I was asked a question I wasn't prepared for: "What do you think the financial-services industry will look like in five or 10 years?"
June 22, 2018
Wells Fargo's Pass Looks a Little Like a FailIf this year's bank stress tests were graded on curve, Wells Fargo would be at the bottom.
June 22, 2018
OMB's Government Reorg Plan Tackles Financial Literacy, CybersecurityThe OMB's plan, which involves merging the Labor and Education departments, has many other far-reaching provisions.
June 21, 2018
Think Economic Growth Is the Be-All? Think AgainThere are better ways to measure well-being than old-style economic models focused on maximizing consumption.
June 21, 2018
Trump Calls for Combining Education, Labor Departments in RevampOMB Director Mick Mulvaney supports the plan, which also calls for moving food stamps and possibly privatizing the Postal Service.
June 20, 2018
Growing Chorus on Wall Street Says End of Bull Market Is NearThe current quarter may be as good as it gets, market watchers say, discussing how portfolios should be positioned.
June 19, 2018
House GOP 2019 Budget Takes a Swing at Social Security, MedicareThe budget also invokes parts of the Financial Choice Act.
June 19, 2018
Paul Tudor Jones Says Next US Recession Will Be 'Frightening'The legendary trader says society will have to rethink the definition of capitalism and changes will have to come through business.