Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Leaves Rates Unchanged, Cites Strength in Economy, Labor Markets
By Craig TorresThe Fed statement also appears to pave the way for another rate hike in September.
July 31, 2018
Beware Triple-Leveraged Gold ETFs: Macro Risk AdvisorsBig one-day price drops in the underlying indexes of these ETFs can unleash a feedback loop of selling, according to the New York firm.
July 30, 2018
Treasury Raises Borrowing Outlook, Projects $769B Needed in 2nd HalfThe Treasury is boosting sales of bills, notes and bonds to help finance a widening budget gap.
July 30, 2018
Will the SEC Speed Up the ETF Approval Process?Two ETF trends are emerging: the SEC leaning toward eliminating the exemptive relief requirement, and the move to actively managed ETFs.
July 30, 2018
Let's Separate the Noise From the NewsHere are three hot topics that won't really matter this year — and two that could derail the bull market.
July 30, 2018
El-Erian Says U.S. Alone Has Exited the 'New Normal'U.S. finding 'higher growth equilibrium' of 2.5% to 3%; Federal Reserve can 'safely' hike as neutral rate rises.
July 30, 2018
Top-Performing Active Funds Lack Staying Power: StudyThe latest S&P Persistence Scorecard shows that few top-performing active funds stay on top over different three- and five-year periods.
July 30, 2018
When Will Wells Fargo's Scandals End?As the bad news and advisor departures continue, experts debate Wells Fargo's future and what the wealth industry can learn from its scandals.