Economy & Markets
The important economic and stock market news that advisors need to know.
Jackson National Gives Pimco Total Return the Boot, Welcomes DoubleLine
By Janet LevauxThe annuity provider will offer clients a different subaccount option for its variable annuities, according to a report.
June 05, 2017
5 Investment Tips for the Rest of 2017: Wells Fargo’s Midyear OutlookThese tips are designed to counter a forecast for lower U.S. stock prices and higher interest rates by year-end.
June 05, 2017
What’s to Blame for ‘Record-Breaking’ Drop in Millionaire Investor ConfidenceThe Spectrem Millionaire Investor Confidence Index dropped 17 points in May, the largest monthly decrease in its 13-year history.
June 05, 2017
Fidelity Launches Municipal Income 2025 Fund: Portfolio ProductsAlso, Gurtin Municipal Bond Management launched a Municipal Social Advancement strategy.
June 02, 2017
Why Investors Often Underperform the Funds They OwnMorningstar's latest "Mind the Gap" report boosts the argument for why investors need advisors.
June 02, 2017
Economist Goodfriend Said to Be a Finalist for Trump Fed NominationMarvin Goodfriend is former director of research for Richmond Fed; Quarles also among candidates for Trump Fed nomination
June 02, 2017
How Do Sectors, Growth & Value Perform in Bull Markets?Morningstar analyst breaks down the performance results, revealing some surprising findings.
June 01, 2017
Impact Investing’s ‘Moment of Truth’ as Trump Exits Paris AccordThe head of a fossil-fuel-free mutual fund says Trump's withdrawal gives investors and companies the responsibility of reducing emissions.