Economy & Markets
The important economic and stock market news that advisors need to know.
Why Tariffs Are Not So 'Tariffic'
By Mike PattonIn this post, we'll look at how tariffs work, why they exist, what has happened recently, and what we might expect in the near term.
March 23, 2018
Fed Makes a Risky Bet on Overshooting Its Inflation TargetConsumer prices rising at a 2.1% rate could be toxic when combined with very low unemployment.
March 23, 2018
Trump Says He's Signed Spending Bill, Reversing Veto Threat'I will never sign another bill like this again,' Trump says.
March 22, 2018
These Actively Managed Funds Tie Fees to PerformanceAllianceBernstein has just launched its FlexFee funds on multiple advisor platforms including Schwab, TD Ameritrade, Pershing, LPL, Merrill Lynch and Morgan Stanley.
March 22, 2018
Stocks Tumble After Trump Orders Tariffs on $50B Worth of Chinese GoodsThe Dow was down more than 700 points Thursday on fears that retaliation will spark a trade war.
March 22, 2018
US Portfolio Performance Surpassed European Peers in 2017Currency was a key factor in disparate performance, catching many investors unwary of risk, Natixis reports.
March 22, 2018
Citigroup Restricts Gun Sales by Its Business CustomersCitigroup is the first major bank to impose restrictions on firearms, but some retailers have already done so.
March 22, 2018
Senate Passes Spending Bill; SEC Gets $1.6 BillionNotable exclusions include health insurance market stabilization measures, immigration fixes, changes to Medicare Part D drug coverage, and a national online sales tax, says Raymond James policy analyst Mills.