Economy & Markets
The important economic and stock market news that advisors need to know.
SEC Chief Clayton Reveals Cyber Breach in EDGAR System
By Melanie WaddellIn a sweeping statement, agency says it learned in August that the 2016 breach "resulted in access to nonpublic information."
September 20, 2017
Obama Goes From White House to Wall Street in Less Than One YearEx-president speaks to Carlyle, Cantor and Northern Trust; If someone is willing to pay him to give a speech, God bless.
September 20, 2017
Lagarde Says Trump’s Slow Pace on Tax Reform Hurts GrowthU.S. delays on tax reform and infrastructure spending could frustrate the Trump administrations efforts to almost double economic growth, IMF Managing Director Christine Lagarde said.
September 19, 2017
Your Portfolio May Be Less ‘International’ Than You ThinkHome bias is rampant in advisors' portfolios, even when they think they are globally diversified, Janus Henderson says.
September 19, 2017
Bond Investors Rationalize the UnrealisticBuying 10-year Treasuries means locking in negative after-tax and inflation returns for a decade. That's hardly a satisfactory investment.
September 18, 2017
Impax Asset Management to Acquire Pax World ManagementCombined, the two sustainable investing leaders have $13.4 billion in AUM.
September 18, 2017
UBS Launches Products Tied to UN Development Goals: Portfolio ProductsFour new mission-driven issuers join the ImpactUs Marketplace, while SummerHaven launches a liquid private equity index.
September 17, 2017
New S&P Index to Hedge Against Rising College CostsThe S&P Target Tuition Inflation Index is designed to protect college savings from losing value due to inflation.