Economy & Markets
The important economic and stock market news that advisors need to know.
House Passes Spending Bill That Omits Most Trump Priorities
By Anna Edgerton, Erik Wasson$1.17 trillion measure avoids shutdown through September
May 03, 2017
Gundlach: Get Ready for Higher Yields, Summer SelloffThe DoubleLine CEO also sees oil prices and the dollar weakening, but gold moving in the opposite direction.
May 03, 2017
Puerto Rico Files for Historic $70 Billion Debt RestructuringThe proceedings will dwarf Detroits record-setting bankruptcy.
May 01, 2017
Who Will Be Hurt by Trump’s Plan to End State & Local Tax Deductions?They live in high-tax counties in high-tax states that lean heavily Democratic, and they itemize their returns.
May 01, 2017
Frontrunners: The 2017 IA 25Whatever is happening in the markets or in Washington, there will always be thought leaders and advocates working on advisors behalf.
May 01, 2017
Former Fed Chair Bernanke Is Worried About a Dodd-Frank RollbackHe told NPR he's "very concerned about the future" if those regulations put in place to prevent another financial crisis are taken away.
May 01, 2017
John Bogle Gives Insights on 4 Industry TrendsSpeaking via video at Morningstar's conference, the Vanguard founder discussed indexings rise and other hot topics.
May 01, 2017
AllianceBernstein Fires CEO Peter Kraus and Removes More Than Half Its BoardKraus is replaced by former JPMorgan executive Seth Bernstein as CEO and former World Bank President Robert Zoellick as chairman.