Economy & Markets
The important economic and stock market news that advisors need to know.
SEC Charges Texas-Based Muni Advisor With Defrauding School District
By Emily ZulzThe municipal advisor overstated its municipal finance experience and failed to disclose conflicts of interest.
May 07, 2018
Investors' Fear of Risk Is Endangering Their Retirement: SurveyMany investors hold less in stocks than they should and want to talk about guaranteed income, AXA and IRI report.
May 07, 2018
Buffett Says Berkshire's First Dibs on Deals Will Outlast HimThe billionaire says his two deputies have both "slightly" beat the S&P 500 Index since they started managing Berkshire's money.
May 07, 2018
Investors Can Miss the Forest for the Smart Beta TreesEvery factor carries uncertainty regardless of why it works during a certain period.
May 07, 2018
Fidelity Manager Hasn't Been This Excited by Bonds in YearsJeff Moore doesn't expect yields will move higher unless central banks move further and faster than what the market has already priced in.
May 07, 2018
Merrill Lynch and Merrill Edge Launch Impact Portfolios: Portfolio ProductsAlso, U.S. Aberdeen Standard Investments acquired the U.S. business of ETF Securities and JPMorgan cut fees on some ETFs.
May 07, 2018
Buffett, Gates Are Latest Bitcoin CriticsBuffett says Bitcoin is "probably rat poison squared" and Gates says he'd short it if that were easy to do.
May 07, 2018
Investors Feasted on Fixed Income ETFs in AprilBond ETFs attracted about 50% more money in April than equity ETFs, according to State Street Global Advisors.