Economy & Markets
The important economic and stock market news that advisors need to know.
Trump Nominates Acosta as Labor Secretary
By Melanie WaddellLawyer Steve Saxon says R. Alexander Acosta is a "safe" pick, but it "doesn't look like he knows a lot about retirement or health benefits."
February 14, 2017
Bond Ratings: 3 Mistakes Investors MakeWhile bond ratings can be useful, they can also lead inexperienced or nave investors to have a false sense of security.
February 14, 2017
Four Republicans Withhold Support for Puzder to Head LaborThe four senators said they are awaiting the outcome of the nomination hearings before committing.
February 14, 2017
Valentine's Day Gifts at a Sweet Price Point: LPLThe IBD looks at trends affecting the costs of the most popular gifts for Feb. 14. Overall, prices rose slower than inflation.
February 14, 2017
Yellen Sees More Rate Hikes Needed if Economy Stays on CourseThe Fed chair was delivering her semiannual report on monetary policy to the Senate in her first appearance since Donald Trump was elected president.
February 13, 2017
Bob Rodriguez: Trump Might Be Acting; Huge Financial Crisis Still LoomingThe legendary money manager, recently retired, is as candid as ever in an interview with ThinkAdvisor.
February 13, 2017
Commercial Real Estate Executives Cautiously OptimisticThe Trump administration and a new Congress are aiming to unshackle the economy by focusing on growth-oriented policies, the Real Estate Roundtables CEO says.
February 12, 2017
‘Major Risks Are Looming’ for US Economy: Merrill’s Ethan HarrisThe chief global economist of Bank of America Merrill Lynch is concerned about potential changes in U.S. tax and trade policies.