Economy & Markets
The important economic and stock market news that advisors need to know.
Businesses Salivate Over Trump’s Tax Ideas, but Will They Happen?
By Ginger SzalaTheres been a lot of talk in Washington concerning pro-business tax cuts. What happens, and what it means to investors, remains to be seen.
March 03, 2017
Impact of Trade War With Mexico Would Be Felt Beyond Border StatesA report by WalletHub identified which states would be hurt most by a trade war with Mexico.
March 03, 2017
Yellen Says March Hike ‘Likely Appropriate’ If Progress PersistsThe March 10 jobs report is the "most significant data report" Fed policymakers will have to measure that progress when they meet in mid-March.
March 03, 2017
Bob Doll: Pro-Growth Expectations May Be Too HighThe chief equity strategist discusses how the political environment could shape financial markets and clients portfolios.
March 03, 2017
Pimco’s New Bond Chief Is Nailing ItHis $75 billion fund eclipses one formerly run by Bill Gross; low-key Dan Ivascyn makes contrarian bets in a tumultuous year.
March 02, 2017
Why the Market’s Great Expectations for Trump Are OverdoneSpeakers at a BNY Mellon luncheon discuss why markets have priced in too much change too soon.
March 02, 2017
Why Trump Advisor Scaramucci ‘Hates’ DOL Fiduciary RuleAt Pershing advisor meeting, an argument for keeping noncorrelated assets in clients retirement portfolios, and a warning on disinflation.
March 01, 2017
Dow Passes 21,000, Dollar Jumps as Rate Hike LoomsThe major market index surged more than 300 points today and has gained more than 1,000 points since January 25.