Economy & Markets
The important economic and stock market news that advisors need to know.
Inside the $700 Billion (and Growing) Bond-Bull Empire in Newark
By Liz Capo McCormick, Brian ChappattaPrudentials bond unit is taking a stay calm and carry on view on rates.
February 16, 2018
IMF Warns Trump’s Tax Overhaul Fueling Global ‘Race to the Bottom’IMF Managing Director Christine Lagarde says other countries are beginning to cut their taxes to stay competitive.
February 16, 2018
Gary Shilling: Markets Confront a Death by a Thousand CutsThey face a potentially more aggressive Fed, increasing fears of rising inflation and multiple imbalances, the famed economist writes.
February 15, 2018
Vanguard Launches Its First Actively Managed US ETFsAnalysts weigh in on the significance of the fund behemoth's new factor-based funds.
February 14, 2018
Bob Doll’s 10 Post-Correction PredictionsWhile Doll thinks the worst of the correction is over, he says messy market conditions may continue.
February 14, 2018
Tax Law Guts Fannie’s Bottom Line; Needs $3.7B From U.S.The mortgage finance company lost over $6 billion in the fourth quarter because asset values declined as a result of the new tax law.
February 14, 2018
US Companies Lag on Corporate Governance: Allianz Global InvestorsThe firm just launched a proxy voting tool disclosing its votes on shareholder and management proposals, including "no" votes on 45% of U.S. comp proposals.
February 14, 2018
4 Ways Persistent Low Returns Affect Retirement Behavior: NBERA new NBER paper examines how the low interest rate environment can change retirement decisions.