Economy & Markets
The important economic and stock market news that advisors need to know.
Trump Wipes Out $5 Billion of Muni Gains at Top US Insurers
By Lisa Du, Romy Varghese, Sonali BasakTrump's plans to cut corporate taxes and fears he could end the tax-exempt status of munis have reduced insurers' unrealized gains on muni investments.
February 27, 2017
Fidelity Exec Named to Trump's Economic TeamChief Economic Advisor Gary Cohn taps Shahira Knight, 12 others to work on tax reform, retirement, jobs and economic growth.
February 27, 2017
Trillions of Dollars at Stake When Trump Addresses Congress Tuesday NightMoney managers, traders and analysts will be listening for details about the pro-growth policy agenda that Trump has promised.
February 27, 2017
FINRA Launches New TRACE Data Product for AcademicsThe Academic Corporate Bond TRACE Data product is an enhanced version of historical TRACE data that includes masked dealer identities.
February 27, 2017
11 Best & Worst Broker-Dealers: Q4 Earnings, 2016Earnings growth in the financial sector has been robust so far, according to LPLs CIO Burt White.
February 27, 2017
Vanguard Cuts ETF Fees as Race-to-Zero With BlackRock Heats UpFees lowered on emerging market and European stock ETFs; move follows expense reductions by BlackRock, State Street.
February 25, 2017
Former DOL Secretary Elected Democratic ChairmanPerez was head of the Department of Labor when it drafted and began rolling out the new fiduciary standard for retirement plans.
February 24, 2017
Gold Has Rallied to a 3 1/2-Month High; What Happens Next?Geopolitics, Fed rate policy, the direction of the dollar and Trump's economic plans could play key roles in the direction of gold prices.