Economy & Markets
The important economic and stock market news that advisors need to know.
5 Reasons New Tax Law Won’t Boost Stocks in Long Term: JPMorgan’s Kelly
By Melanie WaddellBut alpha awaits those who can quickly and accurately assess the new hands that companies have just been dealt, strategist David Kelly says.
January 22, 2018
Top Performing Active Funds Can’t Seem to Stay on TopThe latest S&P Persistence Scorecard shows that less than 1% of top-quartile funds are likely to remain on top after five years.
January 22, 2018
TD Ameritrade Extends Trading Hours for Some ETFsA dozen ETFs can now be traded overnight via limit orders only, and the number is expected to expand.
January 22, 2018
Gary Shilling, Famed Bubble Detector, Urges Caution on StocksIn a wide-ranging interview with ThinkAdvisor, Shilling discusses Trump's biggest accomplishment and why he thinks the Fed is clueless.
January 22, 2018
Reality Shares Launches Blockchain ETF: Portfolio ProductsIn other product news, Fidelity, American Century and Strategy Shares all launch new ETFs.
January 22, 2018
House Panel Backs Bill That Reverses Requirement for Riskiest Money Market FundsThe rule was enacted after the 2008 run on the Reserve Primary Fund, which broke its $1 share price, causing a run on other funds.
January 19, 2018
The Overlooked Economics of Trump’s Tax LawObservers in both parties are focused so much on the politics of the tax law they're missing a more complicated economic truth, Charles Lieberman writes.
January 19, 2018
Fed's Quarles Draws Regulatory Road Map for Relaxing Bank RulesThe central banks supervision chief shared a laundry list of ways to make regulation less burdensome for Wall Street.