Economy & Markets
The important economic and stock market news that advisors need to know.
Global Fund Managers Chant 'U-S-A' in June: Merrill
By Michael S. FischerU.S. equity allocations rose 16 percentage points; meanwhile, investors see possible trade war as the biggest tail risk to markets.
June 11, 2018
How an Ex-Customer's Complaint Shook Up SchwabCEO Walt Bettinger once asked customers why they were leaving Schwab, and one answer really stuck with him.
June 11, 2018
SIFMA Economists Expect Stronger Growth, Higher RatesThe midyear survey of chief economists from financial firms raises their 2018 growth forecast.
June 11, 2018
Actor Wants to Replace Sports Gambling With Investing"A Christmas Story" and "Transformers" actor Zack Ward has a new audience: the SEC, whose approval he is seeking for an investing platform.
June 11, 2018
Trade War Odds Rise as Tensions Escalate: EconomistsBofA Merrill Lynch economists fear that the "tit-for-tat protectionism" involving the U.S. and its trading partners will cost their economies.
June 11, 2018
FANG Mania Could Come Back to Bite InvestorsDisney and Netflix have similar market caps. Which valuation is more anchored in reality?
June 11, 2018
Franklin Templeton Adds 3 New Fixed Income Active ETFs: Portfolio ProductsIn other product news, Hartford Funds launches a short duration ETF.
June 11, 2018
US Is Putting China in a Stronger Bargaining Position: Evan GreenbergThe new U.S. approach to trade "abdicates leadership and isolates our country," the Chubb CEO said at an S&P conference.