Economy & Markets
The important economic and stock market news that advisors need to know.
Deficit to Reach 5% of GDP by 2027: CBO
By Melanie WaddellContinued growth in spending, particularly for Social Security and Medicare, will outstrip growth in revenues, resulting in larger deficits and increasing debt.
January 23, 2017
Trump Pledges to Cut Regulations by 75%, Will Face Hiccups in CongressTrump can "undermine" Dodd-Frank through "more lenient regulation and enforcement," Andy Friedman notes.
January 23, 2017
Kitces to Advisors: Don’t Fear RobosTechnology, not robo-advisors per se, is transforming the advisory business, says industry blogger and wealth manager Michael Kitces.
January 20, 2017
Trump Inaugural Speech Ignites Fear of Trade WarThe fears offset some of the pro-growth optimism that has already rallied stocks.
January 20, 2017
When Trump Tweets, Investors ListenWhat does a tweeting president mean for advisors and their investor clients?
January 20, 2017
Ahead of Inauguration, Investors Not ‘Fully Bullish’: MerrillFund managers said they were positioned for stronger growth and inflation, but cash levels rose above the 10-year average in December.
January 19, 2017
Institutional Investors’ Brexit Outlook Not So Gloomy: State StreetInvestors expect Brexit to have some effect on their business operating model.
January 19, 2017
Bad Explanations for the Financial Crisis Won’t DieA new group of economists recently challenged the prevailing theory; I respond by taking a page from Nicolaus Copernicus.