Economy & Markets
The important economic and stock market news that advisors need to know.
Top Earners Back Clinton After Decades With GOP: Bloomberg Poll
By John McCormickIn the poll, conducted days before the first Clinton-Trump debate, top earners favored Clinton over Trump by 41% to 37%.
September 29, 2016
Ex-Fed Chief Greenspan Tapped by Advisors Capital Management as Econ AdvisorAdvisors Capital Management said former Federal Reserve Chairman Alan Greenspan is now an economic advisor to the $1.4 billion RIA firm.
September 28, 2016
Factor Investing Isn’t Necessarily New—So What Should Investors Know?This article explains what factor investing is and how to use factors and exposures as part of the portfolio construction process.
September 28, 2016
OPEC Agrees to First Oil Output Cut in 8 YearsOPEC agreed to drop production to a range of 32.5 to 33 million barrels per day, said Irans Oil Minister.
September 28, 2016
Yellen Grilled About Fed Politics at House HearingRep. Scott Garrett presses Yellen over a Fed Governors donation to Clinton campaign.
September 27, 2016
Schwab, LPL Investment Chiefs: Risk of Recession Is Low, but ‘Not Zero’Recession risk is up based on recent economic indicators, but its still not high, according to experts from Charles Schwab and LPL Financial.
September 27, 2016
Indie Advisors, Firms Create $48B in Economic Output: FSI StudyThe advisors and their work also generate some 482,000 jobs, according to the Financial Services Institute.
September 27, 2016
Bill to Kill Dodd-Frank, DOL Rule May Get Vote After Election: HensarlingAt SIFMA conference, House Financial Services chair says Donald Trump supports CHOICE Act, which would also kill DOLs fiduciary rule.