Economy & Markets
The important economic and stock market news that advisors need to know.
Wealthfront, Betterment Crashed, Cutting Clients Off as Market Plunged
By Brandon Kochkodin, Suzanne WoolleyRobo-advisors havent had much experience with market routs. When confronted with one on Monday, they struggled.
February 05, 2018
What Higher Yields Mean for Stock and Bond PortfoliosHigher bond yields are expected to remain a fixture in financial markets, which has implications for both stocks and bonds.
February 02, 2018
Fed Bans Wells Fargo From Growing After Repeat ScandalsThe sanctions were announced just hours before Chair Janet Yellen's term came to an end.
February 02, 2018
FTSE Russell Launches Indexes Focusing on Women on Boards: Portfolio ProductsIn other news, Orion launches a direct-indexing tool and AssetMark launches a blended active/passive strategy.
February 02, 2018
Overstock.com Launches Robo-AdvisorThe digital investment platform is available to investors at Overstock's FinanceHub.
February 02, 2018
Market Bulls Won’t Want the Patriots to Win the Super Bowl; Here's WhyThe S&P 500 Index has performed better when NFC teams have won, according to LPL's Ryan Detrick.
February 02, 2018
Muni Market Poised for Biggest Weekly Drop Since Trump’s ElectionMuni bond yields rose about 18 basis points this week, following the hike in Treasury yields.
February 02, 2018
What’s Behind Friday’s Stock Selloff and Market’s Worst Week in 2 YearsThe Dow lost almost 700 points on Friday, the S&P 500 had its worst day since 2016 and 10-year bond yields seem headed for 3%.