Economy & Markets
The important economic and stock market news that advisors need to know.
'Green Shoots' Appear Amid Bearish Investor Sentiment: Merrill Survey
By Michael S. FischerA third of fund managers in the survey said they expected the U.S./China trade war to end before the 2020 election.
October 12, 2019
Fisher Loses $600M Account After Conference Remarks: ReportThe fallout impacts pension funds in Michigan; another state says Fisher's remarks at Tiburon summit "are concerning."
October 11, 2019
Bearish Investors Say US Economy Has Peaked: E-Trade SurveyAbout half of investors cite trade tensions as the biggest risk to their portfolios.
October 10, 2019
SEC Rejects Bitwise Bitcoin ETFThe head of research at Bitwise says the firm will continue discussions with the SEC and re-file as soon as it's appropriate.
October 10, 2019
Advisors Instill Confidence in Face of RecessionA CFP Board survey found that people working with advisors were significantly more confident that they were prepared for a downturn.
October 10, 2019
Ken Fisher Surprised His Sexual Remarks Shocked AudienceFisher said he had spoken that way in the past and was surprised by the reaction this time.
October 09, 2019
Charles Schwab Says Zero Commissions Will Benefit AdvisorsThe brokerage's eponymous founder talks to ThinkAdvisor about the firm's recently announced commission-free trading, subscription service and job cuts.
October 08, 2019
Wealth Management M&A Deals Still on Track to Top 200 in 2019: EchelonThe third quarter's deal total fell just shy of the prior quarter, Echelon Partners reports.