Economy & Markets
The important economic and stock market news that advisors need to know.
15 Cheapest States for Long-Term Care: 2017
By Marlene Y. SatterGenworths annual study on the cost of care nationwide, which includes home care and assisted living facilities, ranks LTC costs by state.
October 09, 2017
VanEck Launches Long/Flat Equity Allocation ETF: Portfolio ProductsDirexion changes the index for a small-cap ETF, and Lazard launches a new equity franchise fund.
October 06, 2017
GOP Tax Plan Won’t Do Much for Economy: Moody’sIt's a "boon for business, a wash for individuals" and does little to boost growth, says Moodys analyst Mark Zandi.
October 06, 2017
A Low Volatility Trap Is Inflating Market BubblesMaybe the artificial calm in the investment markets will come to a bad end.
October 06, 2017
Payrolls Fall 33,000 on Storms; Jobless Rate at 4.2%The number of workers on U.S. payrolls declined last month for the first time since 2010, reflecting major disruptions from hurricanes Harvey and Irma.
October 05, 2017
Everybody Wants Duration Even as Fed Normalization Draws NearAn analyst says insurers and pension funds needs could put a cap on 30-year bond rates.
October 05, 2017
This Fed Choice Could Spook The Bond MarketOne wild card for fixed-income markets is a Stanford University economist known for the monetary-policy rule that bears his name.
October 05, 2017
Schwab Announces Lower Cost ETF for 1,000 Largest US StocksThe Schwab 1000 Index ETF has an operating expense ratio of five basis points compared with 10-15 basis points for comparable funds from competitors.