Economy & Markets
The important economic and stock market news that advisors need to know.
Corporate Bonds Sink Fast in One of Worst Tumbles Since 2000
By Cecile GutscherThe selloff in corporate credit is now on par with the rout in emerging markets.
May 21, 2018
Virtus InfraCap U.S. Preferred Stock ETF Launches on NYSE: Portfolio ProductsIn addition, J.P. Morgan expands access to alternative strategies with a partnership with iCapital Network.
May 21, 2018
Advisors Make the Case for Short-Term CDs, Bonds and Treasury BillsAll three investments, held to maturity, are now available with yields above 2% and little risk.
May 18, 2018
How Tax Cut Will Affect US Housing Market: ZillowTaxpayers are expected to pump $13 billion in tax savings into the housing market this year, Zillow reports.
May 18, 2018
Cboe, BlackRock and IHS Markit Plan First US Corporate Bond Index FuturesThe corporate bond index futures will function as a "tool to mitigate credit risk in the corporate bond market," Cboe's president says.
May 17, 2018
Here's How Much Money Americans Need to Be 'Wealthy'Money isn't the only key to fulfillment, but not having enough can cause a lot of stress.
May 17, 2018
Household Debt Reaches Record $13.21 TrillionIncreasing mortgage, student loan and auto debt contributed to the record level, according to the New York Fed.
May 16, 2018
Welcome to the Financial Wellness Business, Envestnet's Bergman Tells RIAsThe Envestnet chairman explains how advisors need to expand their definition of advice to achieve their clients' goals.