Economy & Markets
The important economic and stock market news that advisors need to know.
ProShares Adds Equity ETF Designed for Rising Rates: Portfolio Products
By Emily ZulzIn other product news, Aria RetireOne announced it will start providing a fee-based variable annuity.
July 28, 2017
Retail Investors Were Raring to Go in First Half: SchwabThe U.S. stock market outlook is much more bullish than a year ago, according to a Schwab survey of retail clients.
July 28, 2017
Bond Hunger Seen as ‘Insatiable’ in US, Sustaining RallyA MassMutual executive says this is still an issuers market.
July 28, 2017
Treasury to Wind Down Obama MyRA ProgramDemand for and investment in the myRA program has been extremely low, Treasury said.
July 28, 2017
Vanguard Plans 2 New Actively Managed FundsThe Global Wellington Fund and Global Wellesley Income Fund are both international funds that include stocks and bonds.
July 27, 2017
Oil Companies Slim Drilling Budgets as Caution Takes HoldOil prices stuck below $50 a barrel are precipitating the cuts.
July 27, 2017
Trump's Pick for Bank Watchdog Ripped for Pre-Crisis PerformanceRandal Quarles, a former Treasury undersecretary and private equity firm partner, would be the Fed's first-ever vice chair for supervision.
July 27, 2017
Betterment Streamlines Offerings; Cuts Fees and Minimums on Premium AccountsBetterment has eliminated its Betterment Plus offering and moved those clients into its Premium accounts.