Economy & Markets
The important economic and stock market news that advisors need to know.
Investor Confidence Dips and Risk Appetites Weaken: State Street
By Emily ZulzAccording to State Street, global investors now have a more subdued willingness to allocate to risk.
May 31, 2018
U.S. Pension and Annuity Income Drops AgainThe number of people over 65 is growing. The number getting guaranteed income from a commercial arrangement is shrinking.
May 31, 2018
State Street Slashes ETF Fees, Plans Share SplitsThe changes are designed to lower costs and increase ETF affordability.
May 31, 2018
BlackRock Launches Geopolitical Risk ToolThe barometer, based on analysts' reports, news stories and tweets, measures the top 10 geopolitical risks for financial markets.
May 30, 2018
Fed Releases Proposal for Easing Volcker-Rule Trading LimitsRollback of the rule would "broadly simplify and tailor" it without negatively affecting bank safety, according to a plan summary.
May 30, 2018
Bond Legend Bill Gross Had a Nightmare Day YesterdayHis Janus fund recorded its biggest one-day loss in four years; other bond funds soared thanks to the steep drop in yields
May 29, 2018
Stocks Plummet, Bonds Rally as Italy's Woes Jolt AssetsU.S. stocks followed European shares lower after Italy's nascent governing coalition collapsed.
May 29, 2018
Soros Sees New Global Financial Crisis Brewing, EU Under ThreatThe stark warning from the billionaire money manager comes as Italian bond yields have jumped to multi-year highs and major emerging economies are struggling to contain the fallout from runaway inflation