Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Raises Rates; So What Should Clients Do?
By Bernice NapachThe Fed's latest move has implications for investments and management of short-term variable debt.
March 13, 2017
CBO: GOP Health Bill Would Cut $337B From Deficit, Add 24M to UninsuredThe number of uninsured Americans would rise 86% over the next 10 years under the bill, the budget office predicts.
March 13, 2017
Raymond James to Join S&P 500The broker-dealer's market capitalization has risen above $10 billion.
March 13, 2017
Dartmouth Taps Wealth Manager Ruth to Run $4.5 Billion EndowmentAlice Ruth was investing chief at Willett Advisors in New York; CIO Pamela Peedin is stepping down in April after six years.
March 13, 2017
Wall Street Has Found Its Next Big Short in U.S. Credit MarketStruggling retailers such as Macys are fueling mall defaults; investors are betting against commercial mortgage-backed debt.
March 13, 2017
VanEck Launches the First U.S.-Listed Green Bond ETF: Portfolio ProductsIn other product news, Morgan Stanley launched two sustainable investing portfolios.
March 10, 2017
Morningstar Files to Launch Its Own Mutual Funds for AdvisorsThe subadvised funds will replace current third-party funds that comprise Morningstar Managed Portfolios.
March 10, 2017
Optimism About US Economic Growth at 13-Year High: AICPAThe poll found that optimism about the 12-month outlook for the U.S. economy had risen to 69% from 62% in the fourth quarter.