Economy & Markets
The important economic and stock market news that advisors need to know.
A Timeline of the Contentious Fiduciary Rules
By Melanie Waddell | Chris Nicholls | Janet LevauxThe SEC's Regulation Best Interest was born out of a years-long struggle to regulate brokers as fiduciaries.
June 03, 2019
Treasuries Are on Biggest Rally Since 2008Investors see the Fed cutting borrowing costs to contain the fallout from trade tensions.
May 31, 2019
Fed Watchers Now See Rate Cuts This Year as Tariffs Hit EconomyJPMorgan's chief U.S. economist said the Federal Reserve "may well need to cut by much more than 50 basis points'' if the tariffs on Mexico are raised to 25%.
May 31, 2019
Deutsche Bank, UBS Briefly Explored MergerA combination of the two companies would have create a banking powerhouse with nearly $2.6 trillion of total assets, approaching the size of JPMorgan Chase.
May 31, 2019
FINRA Seeks Comments on Corporate Bond Block Trades, Deposit AccountsThe deposit account proposal, aimed at firms with high-risk brokers, has already drawn negative feedback.
May 31, 2019
12 Best States for Military Retirees: 2019WalletHub ranked the states based on economy, health care and quality of life.
May 30, 2019
Why Am I No Good at Prospecting?The good news: Many prospecting problems are easily fixable.
May 30, 2019
Top 10 IBDs by Best-Producing RepsInvestment Advisor's new BD Reference Guide looks at BDs by the numbers.