Economy & Markets
The important economic and stock market news that advisors need to know.
Wells Fargo Profits Flat, but Wealth Unit Jumps
By Janet LevauxThe wealth units Q2 results had an 11% rise in profits on higher asset-based fees.
July 13, 2015
Greek Deal Was the Easy Part for Both SidesThe negotiations over the weekend between Greece and European leaders were bruising and messy, and implementation of the deal will be equally difficult and uncertain.
July 13, 2015
Global Stock Markets Saw Massive Inflows Last Week Despite SelloffA funny thing happened in global financial markets last week, which could be a warning for future volatility.
July 13, 2015
Global AUM for Investment Managers Increasing Faster Than RevenueFee pressure is keeping industry revenue down, while AUM increase is mostly due to market appreciation, a Casey Quirk benchmarking study shows.
July 13, 2015
In Search of Return: 3 Biggest Market Risks and How to Play ThemLast week we began a discussion on finding returns in this challenging market. This week well look at three major risks facing us today.
July 12, 2015
Searching for Volatility in All the Wrong PlacesWhy is volatility in stocks falling while it's rising in fixed income?
July 12, 2015
Mutual Fund Performance in Q2 Barely in the Black: LipperGlobal stocks beat U.S. equities in the second quarter; mixed-asset funds head into the red.
July 10, 2015
U.S. IPO Volume Surges in Q2The U.S. IPO market perked up smartly in the second quarter, PwC reported.