Economy & Markets
The important economic and stock market news that advisors need to know.
Consumer Optimism Highest in Nearly 4 Years: New York Fed
By Danielle AndrusLast month, consumers reported the highest level of financial optimism since June 2013, according to the Survey of Consumer Expectations by the New York Fed.
May 15, 2017
Hartford Funds Launches Low Volatility Multifactor ETFs: Portfolio ProductsAlso, Solactive introduces its Global Infrastructure Low Earnings Volatility Index.
May 14, 2017
Can This Fee Structure Save Actively Managed Funds?A new series of funds AllianceBernstein expects to launch this year charge full fees only if they outperform.
May 12, 2017
Global Cyber Attack Infects More than 75,000 Computers in 99 CountriesThe attackers may be using a hacking tool stolen from the NSA; systems infected include the U.K.'s National Health System.
May 12, 2017
Ric Edelman — Media-Savvy Advisor: The 2017 IA 25The former financial journalist, now author and TV and radio personality, founded an advisory firm that 30 years later has $18 billion in assets.
May 11, 2017
What’s More Tax-Efficient Than ETFs? Maybe a Tax-Managed FundFrank Pape, director of consulting services at Russell Investments, explains why advisors should focus on after-tax returns and favor tax-managed funds.
May 11, 2017
Templeton’s Mobius Says Low Market Volatility Tied to Social MediaTempleton investing guru says social media creates confusion; people then dismiss bad news, leading to market calm, he says.
May 10, 2017
Most Markets Have Made All Their Gains for the Year: Wells Fargo’s McMillionThe head of global asset allocation strategy also says to expect more volatility and opportunities to make some tactical adjustments.