Economy & Markets
The important economic and stock market news that advisors need to know.
Inflation Is Americans’ Top Economic Worry: Allianz Life
By Emily ZulzThe Allianz Life 2017 Inflation Study finds a majority don't have a plan that addresses the rising cost of living in retirement.
August 14, 2017
‘Curb Your Enthusiasm’ for High Yield, RBC Strategist SaysBe the first person out the door, fixed income strategist Craig Bishop says.
August 14, 2017
Inaction in Washington Weighing on Economy: S&PDashed expectations for tax reform and massive infrastructure spending plus the upcoming debt ceiling debate are limiting growth prospects.
August 11, 2017
Will the Solar Eclipse Darken Financial Markets, Too?Research shows daylight saving time can impact the markets, but the potential impact of an eclipse is less clear.
August 11, 2017
Vanguard Is Way Ahead in the Robo RaceIts AUM at the end of the first half is more than four times the AUM of Schwab, its closest rival.
August 10, 2017
Hedge Fund Manager Points to Gold as Hedge Against Rising Political RiskRay Dalio recommends having 5-10% of assets in gold; current risks are especially challenging to price in.
August 10, 2017
Wells Fargo Chair Likely to Step Down: ReportVice Chair Elizabeth Duke will probably be the replacement, paper reports; the decision follows new revelations about auto loan business.
August 10, 2017
NY Fed President Sees Moderate Growth and Higher Inflation AheadWilliam Dudley said inflation is moving toward the Fed's 2% target and modest wage growth is likely due to sluggish productivity growth.