Economy & Markets
The important economic and stock market news that advisors need to know.
Yellen Sees More Rate Hikes Needed if Economy Stays on Course
By Craig Torres, Christopher Condon | Jeanna SmialekThe Fed chair was delivering her semiannual report on monetary policy to the Senate in her first appearance since Donald Trump was elected president.
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.
February 12, 2017
Low Volatility Could Mean 'More Extreme' Stock Pullback: Schwab's Aguilar"The market has run up too quickly, too fast," and investors need to start seeing evidence of real growth, Schwab equity CIO Omar Aguilar says.
February 09, 2017
Debating Whether Dodd-Frank Is Worth SavingIs Dodd-Frank an over-regulating recovery killer, or a necessary solution to avoiding future financial crises?
February 09, 2017
Trump Is Repeating Obama's Rookie MistakesLike Obama with the ACA, out of the gate Trump is focusing on the wrong issue when he should be pushing tax reform.
February 08, 2017
DOL Wins Fiduciary Rule Case in TexasCongress "gave the DOL broad discretion" to protect retirement investors, the decision says.
February 08, 2017
Trump sinks pharma stocks on Medicare drug price negotiationThe new president seems open to creating a pharmaceutical provider bidding system.
February 07, 2017
Emerging Market Investors' Sentiment Improves From 2015: SurveyInvestors generally have a neutral outlook toward emerging markets for the coming year, according to Columbia Threadneedle.