Economy & Markets
The important economic and stock market news that advisors need to know.
Ric Edelman Unveils Novel Social Security Supplement Plan
By Melanie WaddellEdelmans plan asks the government to set aside a small one-time sum in a trust fund for each child born in the U.S.
April 18, 2017
Liquid Alts Investors Return to Relative Value Space: WilshireEquity hedge led sub-strategy performance in the first quarter, returning 1.9%.
April 18, 2017
Supreme Court May Clip SEC’s Enforcement PowerA key SEC enforcement tool may soon be reined in by the court.
April 18, 2017
BofA Profit Jumps in Q1 as Wealth Unit’s Asset Flows Top $29BThe number of advisors in the Thundering Herd, though, falls below 14,500 as more reps retire.
April 18, 2017
GOP Proposes to End Big Tax Break for Democratic StatesRepublicans want to end state and local income tax deduction from federal taxes. New York, California and New Jersey taxpayers would be hit hard.
April 18, 2017
Government Shutdown Could Roil Markets, Tax Cuts Still Doable: FriedmanRepublicans will cut taxes this year to avoid embarrassment, but full-scale reform is uncertain, says Washington Update's Andy Friedman.
April 17, 2017
Aspiration Drops Minimum Investment in ESG Fund to $100: Portfolio ProductsIn other product news, Brinker Capital launches "Destinations Funds," which allow the firm to lower costs and account minimums.
April 13, 2017
Market’s Moves Not All About Trump: SondersSchwab's Liz Ann Sonders says a stronger stock market may have had little to do with the results of the election.