Economy & Markets
The important economic and stock market news that advisors need to know.
State Street Slashes ETF Fees, Plans Share Splits
By Bernice NapachThe changes are designed to lower costs and increase ETF affordability.
May 30, 2018
Bond Legend Bill Gross Had a Nightmare Day YesterdayHis Janus fund recorded its biggest one-day loss in four years; other bond funds soared thanks to the steep drop in yields
May 29, 2018
Stocks Plummet, Bonds Rally as Italy's Woes Jolt AssetsU.S. stocks followed European shares lower after Italy's nascent governing coalition collapsed.
May 29, 2018
Soros Sees New Global Financial Crisis Brewing, EU Under ThreatThe stark warning from the billionaire money manager comes as Italian bond yields have jumped to multi-year highs and major emerging economies are struggling to contain the fallout from runaway inflation
May 29, 2018
US-China Trade Tensions Are Making Endowments and Foundations NervousMore than 90% of these funds have investments tied to China, NEPC reports.
May 29, 2018
Female Billionaires Are on the RiseAnd those women are creating more of their own wealth, according to the Wealth-X billionaire census.
May 29, 2018
Fixed Income ETFs Take Center StageAs interest rates rise, so does investor interest in fixed income exchange-traded funds
May 25, 2018
How Higher Bond Yields Will Lead to Lower YieldsSeasoned bond market watcher and economist John Lonski of Moody's explains