Economy & Markets
The important economic and stock market news that advisors need to know.
Economy Sputtered in Q2 as GDP Was Only 1.2%
By Shobhana Chandra, BloombergCompanies in the U.S. slimmed down inventories and remained wary of investing amid shaky global demand.
July 28, 2016
Why Some New Funds Soar and Others Flop: MorningstarA new Morningstar study on new mutual funds and ETFs teases out the factors that correlate with higher returns and flows three years later.
July 28, 2016
Top 10 Least Stressed Cities in AmericaPack up and head to these cities if you want a life of less worry and stress, according to WalletHub.
July 28, 2016
Americans’ Financial Satisfaction Highest Since 2007: CPA GroupBut Brexit may mean more pain for consumers going forward, AICPA says.
July 28, 2016
Top 10 cities for best return on salaryYou may be surprised to learn which state boasts multiple top cities for cost of living and high salaries.
July 27, 2016
Democratic Platform: 5 Things Advisors Should KnowThe proposals that Hillary Clinton has announced are "fairly modest from a macroeconomic point of view," a UBS report says.
July 27, 2016
Fed Leaves Rate Unchanged, Saying Risks Have DiminishedThe Fed said risks to the U.S. economy have subsided and the labor market is getting tighter.
July 27, 2016
Global Investors’ Cash Hits Record Level: MerrillAllocation to equities dropped to the first underweight reading in four years, according to the BofA Merrill fund manager survey.