Economy & Markets
The important economic and stock market news that advisors need to know.
VanEck Launches Long/Flat Equity Allocation ETF: Portfolio Products
By Emily ZulzDirexion changes the index for a small-cap ETF, and Lazard launches a new equity franchise fund.
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.
October 04, 2017
Gundlach Says Kashkari to Be Next Fed ChairThe DoubleLine exec predicts the current Minneapolis Fed president will replace Janet Yellen.
October 04, 2017
Trump Tax Reform Plan Could Roil Small-Business RetirementWhile many small-business clients would welcome the lower tax rate for pass-through income, it could hinder these clients retirement planning options.
October 03, 2017
Focus on the Ground GameAfter a 5-year streak of stock returns averaging over 14%, focus on winning the game for your clients rather than keeping up with the S&P.