Economy & Markets
The important economic and stock market news that advisors need to know.
Economic Growth Speeds Up on Inventory, Export Boost in Q3
By Shobhana Chandra, BloombergU.S. GDP surged 2.9% in the third quarter, the biggest jump in two years and above expectations.
October 28, 2016
Bill Priest, Active Investing Guru, Ready to Pounce on Passive’s MistakesThe Epoch Investment CEO explains why he thinks its fantastic that investors have poured money into passively managed funds.
October 28, 2016
Asset Managers Bleed $50B as Active-Investing Crisis DeepensAlliance, Franklin and Waddell had biggest quarterly redemptions; investor shift from active to passive funds accelerating.
October 28, 2016
Top 10 Pensions Funds for Private Equity ReturnsPrivate equity outpaces all asset classes in long-term returns on investments, according to the American Investment Council.
October 27, 2016
How an Expected Rise in Inflation Could Impact MarketsIf oil stays at $50 per barrel for the next three months, Loomis Sayles Maura Murphy expects to add 1% to inflation.
October 27, 2016
10 Worst U.S. Cities to Build WealthBankrate finds that a citys overall wealth does not mean the average household has the tools it needs to get ahead financially.
October 27, 2016
Robert Reich, Alan Simpson Take On Social Security, Debt ProblemsAt Schwab Impact, policy pros but friends from across the aisle address all the issues not addressed in presidential race.
October 26, 2016
Active vs. Passive? No Longer an Either/Or Choice for AdvisorsThe lines are blurring as actively managed mutual funds own ETFs to provide investment exposure while also controlling costs.