Economy & Markets
The important economic and stock market news that advisors need to know.
BlackRock: Shop Around for Consumer Stocks
By Emily ZulzBlackRock's chief equity strategist says it's been a mixed bag for consumer stocks in 2018.
September 14, 2018
Former Vanguard CEO Calls for More Price Transparency in Bond MarketJack Brennan was the keynote speaker at FINRA's Fixed Income Conference.
September 13, 2018
Prudential's SIFI Status Is Still Grist for FSOC TalksAfter months of deliberation by FSOC, Prudential is still the only insurer labeled a SIFI.
September 13, 2018
Fidelity Adds 2 More No-Fee Index FundsFidelity announced two more no-fee index funds will start trading September 18 -- one large-cap and one mid- and small-cap.
September 12, 2018
US Labor Market Likely to Keep On Chugging: Wells Fargo"We believe wage growth at this point in the cycle should be higher," an analyst wrote.
September 12, 2018
Muni Bond Issuers Reach Out to Individual Investors (and Their Advisors)With year-end tax planning and rebalancing in mind, financial advisors are well-advised to keep an eye out for large new-issue offerings.
September 12, 2018
JPMorgan's Dimon Backtracks on Bragging He Could Beat Trump'I'm as tough as he is, I'm smarter than he is,' the bank leader says at first, but later explains in an official statement, 'I should not have said it.'
September 12, 2018
Recession Wounds Still Raw 10 Years Later: BettermentTen years after the crash and subsequent recession, many people are still struggling to get their finances back in shape.