Economy & Markets
The important economic and stock market news that advisors need to know.
Kitces to Advisors: Don't Fear Robos
By Bernice NapachTechnology, not robo-advisors per se, is transforming the advisory business, says industry blogger and wealth manager Michael Kitces.
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.
January 18, 2017
Yellen Says Economy Near Goals, Warrants Gradual Rate HikesU.S. central bankers are bracing for what could be an economic regime shift.
January 18, 2017
Goldman, Citi Beat Estimates as Trading Buoys Wall StreetBanks follow JPMorgan, BofA, Morgan Stanley in bond rebound; Blankfein, Corbat continue push to reduce firmwide expenses.
January 18, 2017
Former Lehman CEO Fuld, Neuberger Berman Execs Form RIAMatrix Wealth Partners aims to work with clients selling closely held businesses and looking to invest the proceeds.
January 18, 2017
Schwab, TD Ameritrade Post Strong Q4 Earnings as New Accounts, Assets SoarAssets in proprietary Schwab ETFs rose more than 50% from last year to $62 billion.