Economy & Markets
The important economic and stock market news that advisors need to know.
Business Economists Cut US Growth Forecast
By Bernice Napach"NABE Outlook Survey panelists believe the U.S. economy has reached an inflection point," the group's president says.
March 22, 2019
U.S. Treasury Yield Curve Inverts. What Happens Next?"It's not time to panic and sell everything. But the winds of change are picking up."
March 20, 2019
BlackRock Cuts Fee on iShares S&P 500 Mutual Fund for Its Biggest InvestorsThe new fee will be effective in July for investors with $2.5 billion in assets.
March 20, 2019
Business Roundtable Calls for National Privacy Law; Trims Economic OutlookEighty percent of roundtable members said it was at least "somewhat" important for Congress to enact such a law.
March 20, 2019
Fed Plans No Rate Hike This Year, Will End Asset DrawdownThe Fed indicated it would begin to slow the shrinking of its balance sheet in May, dropping monthly Treasury redemptions from $30 billion currently to $15 billion.
March 20, 2019
UBS Exec: Q1 'One of the Worst' in Recent HistoryGlobal wealth management revenue is down about 9 percent from a year ago, Ermotti said, with the gap narrowing as the quarter proceeded.
March 20, 2019
Gary Shilling: A Recession Is Coming, and Maybe a Bear Market, TooThe recessionary indicators are numerous.
March 19, 2019
Jumpy Investors Continue to Flee Stocks: MerrillChina slowdown is global fund managers' top concern, Merrill survey finds.