Economy & Markets
The important economic and stock market news that advisors need to know.
First-Time Homebuyer Surge Complicates Housing Market
By Michael S. FischerDemand among first-time buyers is rising while repeat purchases are falling, Genworth reports.
December 04, 2017
Vanguard Issues Its Most Subdued Outlook in a DecadeThe mutual fund giant expects higher risks and lower returns in financial markets next year.
December 04, 2017
5 Scary Things That Won’t Crash the Market in Next 5 YearsThese five disruptive forces are vitally important, but they might not be as disruptive as you think.
December 03, 2017
Bitcoin: Gambling Vehicle or Portfolio Asset?What should advisors say when clients ask about Bitcoin, whose price has surged over 1,000% this year but can lose thousands of dollars within hours?
December 02, 2017
Tax Bill, Passed in Haste, Could Hurt Small-Biz Retirement Plans: ARA’s GraffThe tax overhaul, which cleared the Senate early Saturday, has been "barreling through Congress," leaving little time to address technical issues, the retirement lobbyist says.
December 01, 2017
Schwab Launching 3 Equity Index Mutual Funds, Waiving FeesThe funds will round out the firm's equity index mutual fund lineup with assets already offered on its ETF menu.
December 01, 2017
Americans Are So Over the Financial Crisis ... Or Are They?Many Americans say the Great Recession had no impact on their lives, but their behavior tells a different story, according to Hartford Funds data.
December 01, 2017
What the Recession Taught Millennials: Merrill EdgeThe millennial financial mindset is about independence and self-sufficiency, Merrill Edge reports.