Economy & Markets
The important economic and stock market news that advisors need to know.
Actively Managed Funds Stage a Short-Term Comeback
By Bernice NapachMore than half of actively managed U.S. equity funds beat their benchmark in the 12 months ended June 30, according to the latest SPIVA report.
September 22, 2017
Pimco, BlackRock See Multiyear Rally for Emerging MarketsStable commodity prices, improving economic growth and balance-sheet repairs are expected to underpin the rally.
September 21, 2017
Many Millennials Aren’t Interested in Stock Market: Wells FargoOne-fifth of the millennial population says they would never invest in the stock market in this Wells Fargo survey.
September 20, 2017
SEC Chief Clayton Reveals Cyber Breach in EDGAR SystemIn a sweeping statement, agency says it learned in August that the 2016 breach "resulted in access to nonpublic information."
September 20, 2017
Clients ‘Obsessed’ With Possibility of a Downturn, Wealth Manager SaysThe S&P 500 has climbed higher for over a year without a 5% or higher pullback. And clients are worried.
September 20, 2017
Fed to Begin Balance Sheet Cuts; Hints Rate Hike Up NextFinancial markets were positioned for a slightly more dovish policy statement.
September 20, 2017
Obama Goes From White House to Wall Street in Less Than One YearEx-president speaks to Carlyle, Cantor and Northern Trust; If someone is willing to pay him to give a speech, God bless.
September 20, 2017
Lagarde Says Trump’s Slow Pace on Tax Reform Hurts GrowthU.S. delays on tax reform and infrastructure spending could frustrate the Trump administrations efforts to almost double economic growth, IMF Managing Director Christine Lagarde said.