Economy & Markets
The important economic and stock market news that advisors need to know.
Kleintop: 3 Reasons to Stay Globally Diversified
By Michael S. FischerInvestors who retrench after the Brexit vote could miss out on the next "investing megatrend," Schwab strategist Jeffrey Kleintop says.
July 14, 2016
Betterment Assets Top $5 Billion; Firm Hires Its First CFOBetterment CEO Jon Stein says assets are five times what they were just 18 months ago.
July 14, 2016
JPMorgan Beats Estimates on Higher Sales: Q2 EarningsThe bank, which has 2,620 advisors, saw its profits fall slightly from last year to $6.2 billion.
July 14, 2016
Are Bonds Losing Their Defensive Edge?Many investors are concerned that the bull market in bonds is getting too old to play effective portfolio defense while continuing to deliver strong returns.
July 14, 2016
Blockchain-Powered Financial Tools Get Big Push From IBM, DeloitteAn IBM center in Singapore will aim to use blockchain technology to bring efficient multi-party finance transaction and process tools to market.
July 13, 2016
Fed Rates Are the Wrong Tool to Fight BubblesThe idea that the Fed should raise rates to suppress asset prices is deep rooted. But the data indicates it's also a flawed idea.
July 13, 2016
10 Best Cities for Millennials to LiveTaking into account job opportunities, access to nightlife, affordable housing and cost of living, these 10 locales are where millennials should look to live.
July 13, 2016
Bank Earnings Could Drop 12% in Q2: FactSetAs JPMorgan is set to report earnings, investors and analysts continue to express concerns about banks and other financial services firms.