Economy & Markets
The important economic and stock market news that advisors need to know.
Goldman Says U.S. Bondholders Risk a $1.1 Trillion Hit if Rates Spike
By Sid VermaA 1% increase in interest rates could inflict such a mega loss in the Bloomberg Barclays U.S. Aggregate Index, according to Goldman analysts.
October 14, 2016
Economic Anxiety Peaks as Election ApproachesAmericans economic anxiety had increased over the past six months, and was up significantly from a year ago, according to a poll.
October 14, 2016
As SEC’s Money Market Rules Begin, Advisors Warned of ComplexitiesInvestors should consider impact of new rules, including the deteriorating purchasing power protection of money funds, says PIMCOs Schneider.
October 13, 2016
Questions Lurk Over CFPB and Navy FederalFollowing a consent order against Navy Federal, experts address questions about the $77B CUs collections practices.
October 12, 2016
9 Key Things Next President Should Do to Fix Economy: BrookingsAlthough the economy hasnt always been the focus of this campaign, it will be among the most important challenges for the next president.
October 12, 2016
Fed Members See Rate Rise ‘Relatively Soon’U.S. central bankers debating the merits of raising interest rates last month described the decision as a close call.
October 11, 2016
America’s New Normal Will Look Pretty Slow: Fed EconomistSan Francisco Feds Fernald sees productivity key uncertainty; tepid growth will mean weaker wages and tax revenue gains.
October 10, 2016
Top Portfolio Products: Envestnet Launches DOL Compliance SolutionThe platform enhancement is designed to help advisors comply with the new rule as part of a "seamless wealth management process."