Economy & Markets
The important economic and stock market news that advisors need to know.
Citigroup Reports 21% Drop in Q4 Fixed Income Trading
By Jenny SuraneBut its CFO says the volatility is moderating, which boosted the bank's share price after earnings were announced.
January 11, 2019
Sheila Bair Warns About Low-Quality Corporate DebtExcessive, low-quality debt could threaten the economy, the ex-FDIC chair warns.
January 11, 2019
Citigroup to Lead Bank Stocks as Earnings Kick Off MondayCitigroup switches places with JPMorgan, which usually reports first but follows a day later with Wells Fargo.
January 11, 2019
What to Expect in the REIT Market in 2019Nareit expects the strong operating environment for REITs to continue for several years.
January 11, 2019
In Bezos Split, Indexers Weigh $6B QuestionRegulatory filings show Jeff Bezos owns almost 79 million shares; how many will MacKenzie Bezos get from their divorce?
January 11, 2019
US Recession Risk Hits 6-Year HighThe government shutdown is affecting "business confidence and could weigh on consumer confidence," according to a Deutsche Bank economist.
January 10, 2019
Fed Can be 'Patient and Flexible' with Rate Policy: PowellPowell spoke Thursday at the Economic Club of Washington in a Q&A session with David Rubenstein, a co-founder of private equity firm Carlyle Group LP, where he had previously worked.
January 10, 2019
5 Predictions for the Housing Market in 2019Absent typical warning signs of a housing bubble, chances of a bust are minimal, economist Ralph DeFranco says.