Economy & Markets
The important economic and stock market news that advisors need to know.
Invesco Adds New Fixed Income ETFs Using Self-Indexing: Portfolio Products
By Emily ZulzAlso, Vanguard replaced the subadvisor for two of its funds.
July 27, 2018
Americans' Personal Financial Satisfaction Has Never Been Higher: AICPAInflation overtakes taxes as the leading contributor to financial pain.
July 27, 2018
Americans Have Been Saving Much More Than Thought, New Data ShowThe government's comprehensive update of GDP bumped up the savings rate to 6.7% from 4.2% reported previously.
July 26, 2018
Is Millennials' Love of Cash Costing Them Millions?A Bankrate report finds that 30% of millennials say cash is the best place to park money they won't need for a decade.
July 25, 2018
Bitwise Files for First ETF Based on a Cryptocurrency IndexAll other crypto ETF filings before the SEC are based on a single cryptocurrency.
July 24, 2018
Should You Worry About an Inverted Yield Curve?Experts differ, including former Fed Chair Ben Bernanke and Moody's Analytics Chief Economist Mark Zandi.
July 23, 2018
Venezuela's Inflation to Reach 1 Million Percent, IMF ForecastsThe IMF compared the economic crisis in Venezuela to that of Germany in 1923 or Zimbabwe in the late 2000s.
July 23, 2018
What Fed Will Signal at Meeting Next WeekEven if they don't hike rates, Fed officials must decide whether to tweak their prior market signals on future rate hikes and an earlier end to balance sheet reductions.