Economy & Markets
The important economic and stock market news that advisors need to know.
Investors Baffled: ‘Why Isn’t This a Bear Market?’
By Julie Verhage"Never have we seen so many clients who just do not know what is happening," a Credit Suisse strategist says.
October 15, 2015
Let’s Just Give Up on Taxing Big CorporationsArent there better ways to use trillions of dollars than to have them invested in the markets on behalf of a few dozen firms shareholders?
October 15, 2015
NAFA: The meandering economySpeaking at an annuity event, Todd Buchholz described the U.S. economy as the best looking horse in the glue factory.
October 15, 2015
Confirmed: No Inflation Means No Social Security COLA; Medicare Premiums to Surge for SomeDrop in CPI confirms Social Security beneficiaries will see no benefit increase, again, while upper-income recipients will see big jump in Part B premiums.
October 14, 2015
Fed Says Cybersecurity Is ‘Right at the Top’ of Priorities ListFeds Arthur Lindo tells SIFMA/AICPA attendees to prepare for when an attack will come, not if, and for the banking and brokerage industries to share in their defenses.
October 14, 2015
Boomers’ Wealth Poses Problems for U.S. Economy: J.P. MorganJ.P. Morgan Asset Management research shows big gap in balance sheets of older and younger generations, with implications for wider economy.
October 14, 2015
BofA, Wells Fargo Top Q3 EstimatesWealth management results at the wirehouses, though, weaken along with the market's recent decline.
October 14, 2015
52 Groups Press Senate to Close Carried Interest Tax LoopholeClosing the carried interest loophole could help pave the way for a budget deal, groups tell Senate leaders