Economy & Markets
The important economic and stock market news that advisors need to know.
LPL, BlackRock, BofA Look Ahead With Caution
By Jeff BermanAfter a strong first half of 2019, all eyes are on the Fed and trade tensions, according to the firms' midyear outlooks.
July 12, 2019
Top 12 Cities for Millennial HomebuyersWhen coastal hotspots aren't affordable, young home buyers have to look elsewhere for affordability and a fun environment.
July 11, 2019
MSCI Adds ESG Ratings to 32,000 Funds and ETFsRatings are on a scale from AAA (leader) to CCC (laggard).
July 10, 2019
Gary Shilling: Trump Sowing Uncertainty Stokes RecessionIn an interview with ThinkAdvisor, Shilling expands on his prediction that a recession has begun.
July 10, 2019
Fed's Powell Signals Rate Cut as Trade War Outweighs Strong Job MarketPowell also said in his congressional testimony that he would not resign from the Fed if Trump tried to fire him.
July 10, 2019
Morningstar Explains Its Ratings System UpdateMany active funds may be downgraded due to a new system of taking fees into account with rankings.
July 10, 2019
Schwab Expands Commission-Free ETF Platform AgainWith the latest additions, Schwab has more than doubled the number of ETFs on its commission-free platform from a year ago.
July 09, 2019
Lack of 401(k) Annuitization Portability Is Mean: Pension Policy SpecialistsThe policy specialists say lack of portability could make clients' plan guarantee value vanish.