Economy & Markets
The important economic and stock market news that advisors need to know.
Top House GOP Tax Writer Commits to Trump's 10% Middle-Class Cut
By Erik Wasson and Laura Davison"Republicans are scrambling because voters saw through their tax scam," Rep. Richard Neal, D-Mass., responded.
October 23, 2018
Are New USA Plans a Boon to Savers? Bloink & Byrnes Go Thumb to ThumbProfessors Bloink and Byrnes, who hold opposing political viewpoints, share their opinions on the new universal savings accounts.
October 23, 2018
Rolling Bear Market in U.S. Equities Getting Hard to Shake OffThe S&P 500 is down 7% since its late September record high, but some individual stocks in the index have suffered much greater losses.
October 22, 2018
Investors Expect Midterms Will Be Good News for Their PortfoliosYounger investors were significantly more optimistic than baby boomers, an E-Trade poll found.
October 22, 2018
Goldman Moves Digital Bank to Wealth Unit in Expansion BidWhile the unit, Marcus by Goldman, currently offers only personal loans and deposit accounts, it has ambitions to expand.
October 22, 2018
4 'Anti-FAANG' Stock PicksPortfolio manager Brian Milligan finds plenty of alternatives with strong business models and better cash flow visibility.
October 22, 2018
Millionaire Investors Nervous About the Future: StudyFidelity's survey of millionaire investors shows a disconnect between current and future views of the market.
October 22, 2018
VanEck Launches ETF Focused on Video Gaming, Esports: Portfolio ProductsAlso, Barings launched its first equity mutual fund in the U.S.