Economy & Markets
The important economic and stock market news that advisors need to know.
Congress Stalled on $1.2 Trillion Spending Bill as Shutdown Clock Ticks
By Erik WassonThe deadline to avoid a government shutdown is Friday midnight.
March 19, 2018
Goldman Warns Returns Are Dropping Fast Amid Volatility ShiftJPMorgan Chase & Co. and HSBC Holdings have also warned investors to be more cautious about continued stock market gains.
March 19, 2018
Morningstar's February Winners & LosersMorningstar medalists currently account for approximately 6% of unique mutual funds available for sale.
March 19, 2018
The Danger of Obsessing Over Short-Term Portfolio PerformancePerformance chasing can shortchange client portfolios over the long run.
March 19, 2018
3 Funds That Buy Like Buffett: Morningstar AnalystsMorningstar's Alec Lucas and David Kathman identify three funds that buy similar to Buffett.
March 19, 2018
Actively Managed Funds Disappoint in 2017 With Some Bright SpotsThe S&P Dow Jones Indices reports that most actively managed stock and bond funds underperformed their benchmarks indexes for 2017 except for growth stock funds.
March 19, 2018
MSCI Gets Ready to Add China A Shares to Select IndexesThe A shares, which trade on the Shanghai and Shenzhen exchanges, will be added as partial weights to MSCI indexes, on June 1.
March 19, 2018
T. Rowe Price Launches Multi-Strategy Total Return Fund: Portfolio ProductsAlso, BNY Mellon added an actively managed multisector bond fund to its distribution platform.