Economy & Markets
The important economic and stock market news that advisors need to know.
Want a Recession Forecast? Ask a Machine
By Noah SmithPredicting downturns is so hard that most economists don't bother. Might as well try an algo.
May 10, 2018
Amended FINRA Customer Confirmations Rule Kicks In MondayAmended rule requires BDs to disclose more transaction-related information to retail customers for trades in fixed income securities; MSRB gets SEC OK to establish a new advertising rule
May 09, 2018
Gundlach: Ignore Flattening Yield Curve Talk; Watch This Number InsteadThe yield curve hasn't flattened much this year, Gundlach says, but another indicator could change the Fed's narrative.
May 09, 2018
SEC Charges Texas-Based Muni Advisor With Defrauding School DistrictThe municipal advisor overstated its municipal finance experience and failed to disclose conflicts of interest.
May 08, 2018
Wait Before Declaring Trump's Tax Cuts a WinThe evidence so far supports neither boosters nor foes.
May 08, 2018
State Pensions Reverse 2-Year Decline in Funded StatusRobust stock market gains pushed up state retirement systems' aggregate asset value, according to Wilshire Consulting.
May 07, 2018
Investors' Fear of Risk Is Endangering Their Retirement: SurveyMany investors hold less in stocks than they should and want to talk about guaranteed income, AXA and IRI report.
May 07, 2018
Buffett Says Berkshire's First Dibs on Deals Will Outlast HimThe billionaire says his two deputies have both "slightly" beat the S&P 500 Index since they started managing Berkshire's money.