Economy & Markets
The important economic and stock market news that advisors need to know.
U.S. Interest Payments to Equal Social Security Spending by 2048: CBO
By Reade PickertThe U.S. government is on track to pay creditors as much as retirees in three decades amid growing public debt and rising interest rates, the Congressional…
June 25, 2018
10 Reasons Finance Is Going to Keep ChangingWhen 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 25, 2018
Legendary Investor Jim Rogers Launches ETF: Portfolio ProductsIn other product news, E*TRADE added 46 ETFs to commission-free ETF lineup.
June 25, 2018
Emerging Markets: More Downside to ComeThere are several reasons for the decline in emerging markets.
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.