Economy & Markets
The important economic and stock market news that advisors need to know.
California Suspends ‘Business Relationships’ With Wells Fargo
By Romy VargheseCalifornia is the largest municipal-bond issuer in the U.S. and has $75 billion in investments.
September 29, 2016
30 Best & Worst Cities for Real Estate InvestmentRising home prices might spell bad news for buyers, but they are a boon for investors looking to participate in the real estate market.
September 29, 2016
Ex-Fed Chief Greenspan Tapped by Advisors Capital Management as Econ AdvisorAdvisors Capital Management said former Federal Reserve Chairman Alan Greenspan is now an economic advisor to the $1.4 billion RIA firm.
September 28, 2016
Factor Investing Isn’t Necessarily New—So What Should Investors Know?This article explains what factor investing is and how to use factors and exposures as part of the portfolio construction process.
September 28, 2016
OPEC Agrees to First Oil Output Cut in 8 YearsOPEC agreed to drop production to a range of 32.5 to 33 million barrels per day, said Irans Oil Minister.
September 28, 2016
Yellen Grilled About Fed Politics at House HearingRep. Scott Garrett presses Yellen over a Fed Governors donation to Clinton campaign.
September 27, 2016
Schwab, LPL Investment Chiefs: Risk of Recession Is Low, but ‘Not Zero’Recession risk is up based on recent economic indicators, but its still not high, according to experts from Charles Schwab and LPL Financial.
September 27, 2016
Indie Advisors, Firms Create $48B in Economic Output: FSI StudyThe advisors and their work also generate some 482,000 jobs, according to the Financial Services Institute.