Economy & Markets
The important economic and stock market news that advisors need to know.
'We Are Part of the Problem': Billionaires and Heirs Demand Wealth Tax
By Tom Metcalf and Suzanne WoolleyNineteen wealthy people are calling on Democratic presidential candidates to support such a tax.
July 03, 2019
Trump Taps a Longtime Dove and a Onetime Gold Bug for FedDespite their differences, both are expected to support lower interest rates.
July 01, 2019
DWS Group Launches First S&P 500 ESG ETF for US Investors: Portfolio ProductsAlso, Principal introduces its first interval fund and Eaton Vance announces a strategic initiative within its Parametric subsidiary.
July 01, 2019
Morningstar Tweaking Ratings to Emphasize CostThe Chicago-based research firm is also said to be making the ratings system tougher for active managers.
June 28, 2019
Deutsche Bank Plans to Cut Up to Half of Global Equity JobsThe cuts, in equities trading and research and derivatives trading, will include staff in the U.S. and Asia.
June 28, 2019
Gold Heads for Biggest Monthly Gain Since 2016Prices have surged on expectations for looser monetary policy, rising geopolitical tensions and slower global growth.
June 28, 2019
Where Advisors Moved Money in Early 2019, in 2 ChartsDid advisors sit tight with portfolio selection after 2018 volatility? Envestnet found some interesting adjustments.
June 28, 2019
Top Asset Managers Share Market Outlooks, StrategiesThe 2019 winners of the Asset Manager of the Year Awards have plenty of insights about the direction of the market and how to manage assets as conditions change.