Economy & Markets
The important economic and stock market news that advisors need to know.
Morningstar, MMI Launch Sustainable Investing Initiative
By Bernice NapachThe program is focused on educating financial advisors about ESG investments because an increasing number of clients are demanding them.
July 21, 2017
Spicer Quits After Trump Names Scaramucci as Communications DirectorScaramucci was a campaign fundraiser for Trump and regular adviser during the presidential transition.
July 21, 2017
Schwab’s Robo-Related Assets Surge to $19.4B in Q2Meanwhile, TD Ameritrade says its total client assets jumped 20% from last year.
July 20, 2017
GOP Health Bill's $13,000 Deductibles Would Be Illegal, CBO SaysThe bill could increase the number of uninsured people by 22 million, analysts estimate.
July 20, 2017
Fear Keeping Investors’ Cash Levels High: Merrill SurveyFund managers worried about a shock coming from bond markets or central banks.
July 20, 2017
How to Fix Social Security: Alicia MunnellA retirement policy guru talks about the stark options Americans face.
July 20, 2017
If You’re an Asset Manager Embracing Change, the Future Is Bright: CerulliThe traditional distribution model is changing and managers must find ways to stay relevant, according to Cerulli.
July 20, 2017
Bill Gross: Bloated Central Banks’ ‘Curveball’ Threatens Global EconomyThe more levered an economy is, the more sensitive it is to shifts in short-term interest rates and a flat yield curve, he argues.