Economy & Markets
The important economic and stock market news that advisors need to know.
List of Money Managers Cutting Junk Bond Exposure Is Growing
By Natasha DoffMany cite the rich valuation of the sector, which makes it more vulnerable than other bond market sectors during a selloff.
August 17, 2017
Household Debt Rises to Record $12.8 Trillion: NY FedThe second-quarter New York Fed report also highlighted an increase in newly delinquent credit card debt.
August 16, 2017
FOMC Debates Inflation Outlook, Minutes ShowThe debate could affect the timing of future rate hikes. Policymakers didn't specify a date to start reducing the Fed's balance sheet.
August 16, 2017
A Portrait of the Student Loan Borrower: Older, Deeper in Debt, More Likely DelinquentThe student loan debt crisis is worsening in ways that go well beyond the size of the debt, the CFPB reports.
August 16, 2017
Cash Levels Remain ‘Stubbornly High’ in August Merrill SurveyInvestors corporate profit expectations hit the lowest level since November 2015.
August 16, 2017
Just Say No to the S&P 500, GMO Warns InvestorsGMO's James Montier and Matt Kadnar make the case for international and emerging market stocks over the U.S.
August 16, 2017
10 Great Opening Lines From Top ProducersElite producers share the best conversation-starting questions they use with prospects.
August 15, 2017
Solving the Issues Caused by Target Date FundsTDFs make life easier for plan participants but can cause headaches for the fiduciary who is tasked with analyzing the different offerings.