Economy & Markets
The important economic and stock market news that advisors need to know.
Household Debt Sets New Record: New York Fed
By Bernice NapachThe share of student loan debt that is "severely derogatory" has "grown stunningly," New York Fed analysts say.
August 14, 2019
What's Scarier Than the Inverted Yield Curve?The Treasuries market is sending another ominous sign about the future of interest rates.
August 14, 2019
Earnings Season: The End of the Cycle Is Not Here … YetQuarterly earnings have been better than expected, but long-term investors need to see real profit growth if stock gains are to last.
August 13, 2019
Third of Fund Managers See Recession in Next 12 Months: Merrill SurveyThis is the highest share of fund managers to say so since 2011, according to Merrill.
August 12, 2019
Vanguard Admits Erroneous Stock Holdings in 2 ESG ETFsAs result of an error by index provider, the Vanguard ESG U.S. Stock ETF (ESGV) temporarily held shares in a U.S. gun maker.
August 12, 2019
Bank Carnage Has Investors Exiting ETFs at Fastest Pace This YearXLF sees eight days of outflows, totaling about $3 billion; industry hurt by lower rates and flattening yield curve.
August 12, 2019
Can the Rally in Gold Continue?Further gains in gold prices will likely depend on the same catalysts that drove its price to a six-year high.
August 09, 2019
Fidelity Expands Student Debt Benefit ProgramThe new options are part of a growing trend tying workplace benefits to repayment of student loan debt.