Economy & Markets
The important economic and stock market news that advisors need to know.
The Real Reason Stocks Are Rising: Searching for Alpha for August 2016
By Ben WarwickIs it fundamentals? No. Is it politics? No. What about momentum? Bingo.
August 01, 2016
Top Portfolio Products: Additions and Subtractions for Direxion ETFsDirexion announced two new ETFs plus splits for five ETFs that rallied sharply and reverse splits for four that suffered large losses.
July 29, 2016
Why Advisors Should Care Who Clients Follow on TwitterInvestors following social media can quickly form opinions that lead to actions that might not necessarily be to their advantage.
July 29, 2016
10 Best Places for Boomers to Work: FortuneAs older workers stay in the workforce longer, Fortune identifies companies that appeal to boomer workers.
July 29, 2016
It’s Not Just Fees That Hurt Performance of Active ManagementS&P Dow Jones Indices reports that most retail mutual funds underperform their benchmarks even before fees are calculated.
July 29, 2016
Hartford’s Q2 2016 earnings down 48 percent from Q2 2015Hartford CEO Christopher Swift attributed the earnings decline in part to "increasingly aggressive" competition and pressure on investment income from lower interest rates.
July 29, 2016
Economy Sputtered in Q2 as GDP Was Only 1.2%Companies in the U.S. slimmed down inventories and remained wary of investing amid shaky global demand.
July 29, 2016
Third Avenue Said to Consider Sale of Credit Fund After TurmoilThe Focused Credit Fund halted redemptions in December and spurred a selloff in the high-yield market.