Economy & Markets
The important economic and stock market news that advisors need to know.
White House to Enact Tax Reform by August: Treasury Secretary Mnuchin
By Bernice NapachMnuchin says tax reform is key for increasing economic growth, which he expects will rise to 3% near the end of 2018.
February 21, 2017
Retail Investors Bullish in Trump Era: E-TradeBullish sentiment is highest in more than a year, E-Trade poll finds.
February 20, 2017
Trump team fosters fears he'll adopt alternative economic factsSome statisticians are worried about doctored economic data coming from the administration itself.
February 17, 2017
Can the Trump Stock Rally Last?The stock market has already discounted large corporate tax cuts, but there are signs the cuts could be delayed or reduced in scope.
February 17, 2017
FINRA Panel Says UBS Must Pay $9M to Puerto Rican Muni InvestorThe arbitration ruling comes just one month after an $18 million ruling, with more decisions expected.
February 17, 2017
Why Former Reagan Official Stockman Sees a ‘Huge’ Trump CorrectionIts only a matter of days before this whole thing tips over, David Stockman said.
February 17, 2017
Top 10 Surprising States With Most MillionairesWealth is more concentrated and shifting geographically, according to the annual Phoenix Wealth & Affluent Monitor.
February 17, 2017
Lincoln Financial, AIG Launch Fee-Based Annuities: Top Portfolio ProductsIn other product news, Tortoise, IndexIQ and First Trust launch new ETFs.