Economy & Markets
The important economic and stock market news that advisors need to know.
BofA to Pay $16.65 Billion in Historic Mortgage Settlement
By Melanie WaddellThe deal includes $9.65 billion paid to various government agencies, including Justice and the SEC, and $7 billion for struggling homeowners.
August 20, 2014
Are We in a Bond Bubble? John Mauldin Says Yes, Others...Millennium Wave Advisors' Mauldin says debt day of reckoning is coming and Dallas Fed's Fisher sees "hyper-robust" bond market, but other advisors think they're crying wolf.
August 20, 2014
Measuring what retirees and pre-retirees want from income solutionsInvestment growth, flexibility and guaranteed income have greater appeal than asset management control.
August 20, 2014
Measuring what retirees and pre-retirees want from income solutionsInvestment growth, flexibility and guaranteed income have greater appeal than asset management control.
August 19, 2014
10 Best Ways to Compete Against Robo-AdvisorsIf you, for one, don't welcome your new robo-overlords, here are 10 ways to help your advisory firm rise above them.
August 19, 2014
7 Ways to Boost Pension Systems: EYAmong the recommendations: appointing a "chief simplicity officer" for pension plans to make them more understandable to consumers.
August 19, 2014
Obama Econ Aides Descry Mystery in Workforce Participation DropWhite House advisors point to aging population, cyclical factors and a mysterious third factor, perhaps emanating from the Great Recession, for suppressing employment.
August 19, 2014
SEC Begins Exams of Municipal Advisors; Focus on "Identified Risks"Over the next two years, OCIE plans to examine a significant percentage" of muni advisors, "establishing a presence" and focusing on risk.