Economy & Markets
The important economic and stock market news that advisors need to know.
Here’s How Much Americans Spend on Sports
By Michael S. FischerThey spent $2.3 billion for fantasy sports leagues alone in the past year, CreditCards.com reports.
September 08, 2017
Ryan Bears Brunt of GOP Anger on Trump's Deal With DemocratsThe 90 House members who voted against a temporary spending and debt ceiling package today are Republicans.
September 08, 2017
AssetMark Launches New Retirement OfferingAssetMark Retirement Services consolidates recordkeeping, administration and asset management in one place.
September 08, 2017
Pimco’s Ivascyn Says Storms and Debt Deal Lower Fed Hike ChancesHurricane season is still not even close to the peak; insurance opportunities may arise after the hurricanes.
September 08, 2017
Congress Sends Debt Ceiling, Hurricane Aid Package to TrumpHouse votes to raise limit, fund government through Dec. 8; Trump-Democrat deal creates fiscal cliff before holidays.
September 07, 2017
Rep. Wagner to Introduce Bill Repealing DOL Fiduciary Rule by Sept. 30The move comes as SEC Chairman Clayton is set to testify before the House Financial Services Committee in early October.
September 07, 2017
Bond Manager With $6.6 Billion Just Saw the Scariest Chart EverMorten Steinsland says market players are under pricing risk.
September 07, 2017
Fed Policies Aren't to Blame for Distorted Asset PricesThe author contends that the real bad guy is the free market.