Economy & Markets
The important economic and stock market news that advisors need to know.
Federal Data and Its Discontents Loom Large as Shutdown Wears On
By Jeanna Smialek and Jeff KearnsThe Commerce Department and Census Bureau lack approved spending -- holding up reports from retail sales to inflation.
January 15, 2019
Beware These Early Warning Signs of an Upcoming RecessionBesides a flattening or inverted yield curve, there are many other indicators that advisors should be watching.
January 15, 2019
Bill Gross' Shrinking Vanity Fund Mostly Harms HimselfThe former bond king can't stop the withdrawals, with assets now below $1 billion.
January 15, 2019
With Brexit Defeat, Pound Trims DeclineThe best case for a majority of investors would be another poll on whether Britain should leave the EU.
January 15, 2019
Wells Fargo, Advisor Headcount Still in Trouble: Q4 EarningsThe bank will limit asset growth in 2019; meanwhile, another San Francisco-based wealth firm tells a rosier story.
January 15, 2019
How the Shutdown Hurts the US Bond MarketMoody's explains how certain muni bond issuers and others that rely heavily on federal funding are affected.
January 15, 2019
12 Best States for Retirement: 2019WalletHub found a big difference in costs among the states, which were also ranked on health care and quality of life.
January 14, 2019
Vanguard Holds Half of PG&E's $920 Million Municipal BondsPG&E intends to file for bankruptcy by the end of this month due to losses from California fires.