Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Leaves Rates Unchanged, Scraps 'Patient' Approach
By Craig TorresThe Fed's statement set the stage for potential rate cuts later this year although policymakers were sharply divided on the necessity for one.
June 18, 2019
Former Fed Vice Chair Says Trump Threatens Fed's IndependenceStanley Fischer says Trump's push for lower rates could strike a mortal blow against the central bank.
June 17, 2019
Opportunity Zone Reporting: Recommendations From an Investors GroupA coalition of nearly 70 organizations responds to Treasury's request for information.
June 17, 2019
ESG Considerations Taking Root Faster Than ExpectedA global survey of fund managers shows almost 80% consider ESG factors to be material in their daily investment activities.
June 17, 2019
Fidelity Expands Model Portfolios: Portfolio ProductsAlso, a consortium of firms has launched a packaged retirement program for advisors and plan sponsors.
June 14, 2019
Backlash From ETF Traders Grows Over Push for Bond Reporting LagThey oppose a FINRA pilot program that would extend bond dealers' reporting time for large corporate bond transactions.
June 14, 2019
This Is the Longest Economic Expansion in US History: The Effect on StocksWhile the length of this expansion is remarkable, does it hold any significance for stocks?
June 14, 2019
Mass Affluent Say Their Financial Behavior Would Make Their Parents ProudA Merrill Edge survey found many had made positive changes recently but could still use professional help.