Economy & Markets
The important economic and stock market news that advisors need to know.
Wells Fargo Misjudged Risks of Energy Financing
By Asjylyn LoderWells Fargos foray into oil shows how Wall Street misjudged the risks hidden in an esoteric type of energy financing long thought to be bulletproof.
April 11, 2016
Top Portfolio Products: New Small-Cap and Strategic Bond FundsThis week's array of new products and services range from an international small-cap fund to a robo-advisor and P2P lending mobile app.
April 11, 2016
Advisors: Be Careful What Funds You ChooseHere's why advisors should be leery of mutual funds heavily invested in a single security, according to Ron DeLegge.
April 11, 2016
Modestly Positive Q1 for Mutual Funds, but One Sector Jumps 42%: LipperLipper breaks down the winners and losers in mutual fund performance for the quarter.
April 08, 2016
Dudley calls for 'cautious and gradual' Fed tightening pathThe New York Fed chief says risks still tilted to the downside; confidence in inflation outlook higher than earlier this year.
April 08, 2016
Negative rates get negative reviews at Lake Como conferenceA Nomura economists called negative rates "intellectually bankrupt."
April 08, 2016
The Fed should lower interest ratesInstead of normalizing interest rates, the Fed should do what's needed to normalize employment and inflation.
April 08, 2016
FINRA Enforcement Chief Warns BDs to Beef Up AML PoliciesThe nature of money laundering schemes is changing, FINRA's Brad Bennett said.