Economy & Markets
The important economic and stock market news that advisors need to know.
Trading in Fannie, Freddie Bonds Said to Be Probed by U.S.
By David McLaughlin and Tom SchoenbergThe government is investigating possible price manipulation by traders in the $550 billion market of unsecured agency bonds.
May 31, 2018
Socially Responsible Investing Designation for Advisors to Debut This FallThe College for Financial Planning and US SIF are launching the Chartered SRI Counselor program.
May 31, 2018
Be Proactive on Cryptocurrency: Talk to Clients NowIf advisors don't provide expertise and guidance on cryptocurrency investments, they risk losing business to competing advisors.
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