Economy & Markets
The important economic and stock market news that advisors need to know.
Wells Fargo Investors Urged to Jettison Most Board Members
By Laura J. KellerISS recommends the ouster of 12 directors after scandal; bank board derides report as extreme and unprecedented.
April 07, 2017
New Glass-Steagall Bill: Winners and LosersBob Doll and others discuss what a wall between commercial and investment banking could mean for different firms and broker-dealers.
April 07, 2017
America at a ‘Financial Flashpoint’: Northwestern MutualThe financial state of America is a good news/bad news scenario, Northwestern Mutual reports.
April 06, 2017
New Glass-Steagall Bill Pushed by Sens. Warren, McCainThe move to rebuild a wall between commercial and investment banking has support in both parties and the Trump administration, the senators say.
April 06, 2017
Trump’s Policies: Market Impact vs. Economic ImpactThey are not the necessarily the same, according to the head of risk at Horizon Investments.
April 06, 2017
House Votes to Boost Number of Investors Allowed in Venture Capital FundsThe Supporting Americas Innovators Act, which now moves to Senate, increases the limit from 100 to 250 investors per fund.
April 05, 2017
LPL Checks In on 3 Trump TradesLPLs Burt White says recent underperformance likely reflects some loss of confidence in the Trump agenda.
April 05, 2017
Gundlach: Trump Tax Cuts Will Be ‘Really Hard to Get Done’The DoubleLine CEO says investors need to keep expectations low.