Economy & Markets
The important economic and stock market news that advisors need to know.
Muni Market Shrugs at Puerto Rico Default, but Next Time Could Be Different
By Bernice NapachWhats happening in Puerto Rico is staying in Puerto Rico, says Matt Fabian of Municipal Market Analytics. But that could change on July 1.
April 29, 2016
Hedge Funds Bleed Assets in First QuarterMore investors plan to reduce rather than increase allocations in 2016, Preqin reports.
April 28, 2016
Regulators Don't Want Bankers to Be Paid for Taking RiskThere's something pleasingly quaint about reading a new bankers' compensation rule, with its implication that what needs changing about banking is the culture of risk.
April 28, 2016
What the Fed Statement Signals and WhySeen as a whole, the Fed's message suggests that the data-dependent central bank is amplifying its signal that the June meeting is live.
April 28, 2016
U.S. economy grew in first quarter at slowest pace in two yearsShaky global markets and oils tumble resulted in the biggest business-investment slump in almost 7 years.
April 27, 2016
American Century's Unusual Model for Impact InvestingIn the last 16 years, mutual fund company American Century Investments has distributed $1.2 billion of its profits to fund biomedical research.
April 26, 2016
30 Colleges for Best ROI: 2016When choosing a college, recouping the high cost in the form of higher salaries is one factor worth considering.
April 26, 2016
Investors Paid Lowest Fund and ETF Fees Ever in 2015: MorningstarBut they're not necessarily paying the lowest overall investment costs when retirement plan fees and advisor fees are factored in, Morningstar says.