Economy & Markets
The important economic and stock market news that advisors need to know.
Big Banks Continue Winning Streak, With Street at Least
By Gillian TanU.S. banks reporting earnings Friday lengthened their streak of surpassing or matching expectations which, to be fair, are managed by bank executives.
July 13, 2017
Vanguard CEO McNabb to Step DownChief Investment Officer Tim Buckley, who joined the firm in '91 as an assistant to then Chairman John C. Bogle, will become CEO on Jan. 1.
July 13, 2017
Double-Digit Earnings Gains Will Be Tough in Q2: LPL’s WhiteAnalysts are upbeat but not exuberant in terms of their expectations for the overall earnings season.
July 12, 2017
Fed's Balance Sheet Unwind Comes at Inopportune TimeThe current Treasury shortages could soon end. With a bang.
July 12, 2017
6 Ways to Mitigate Political Risk in PortfoliosA Wells Fargo report suggests specific steps that could help manage a portfolios potential exposure to negative political surprises.
July 12, 2017
Yellen Sees Inflation Key Uncertainty Amid Moderate GrowthBut she said it was "premature" to say that inflation won't reach the Fed's 2% target over the next couple of years.
July 12, 2017
Are Stocks Overvalued or Poised for More Gains?Outlooks differ widely among strategists, even as many global stock markets continue to trade near recent, often record, highs.
July 11, 2017
4 Popular Candidates for the Next Bubble: KleintopBubbles with potentially damaging effects seem to have similar characteristics that can help investors spot them before they burst, Schwab's Jeffrey Kleintop says.