Economy & Markets
The important economic and stock market news that advisors need to know.
High-Yield Bonds: Only for Long-Term, Non-Squeamish Investors
By Ginger SzalaDespite junk bonds risk and volatility, three experts at Morningstar Conference make the case for these long-term cash generators in a portfolio.
June 14, 2016
Global Investors Sitting on ‘Mountain of Cash’: BofA Merrill SurveyWith cash holdings the highest since 2001, fund managers consider the June 23 Brexit vote the biggest tail risk.
June 14, 2016
With FutureAdvisor, BlackRock Seeks to Compete With Schwab, VanguardBlackRock says its robo offering provides advisory firms, wealth managers and banks a credible way to take on Schwab and Vanguard.
June 14, 2016
Top 15 Cities With Most MultimillionairesAsia boasts the biggest increases while Russia and Brazil record declines, according to data from Spears magazine and WealthInsight.
June 14, 2016
Advisor-Investor Survey Reveals Top Concerns, PrioritiesInvestors reveal some concerns that advisors may be missing and also reveal the most important qualities an advisor should have.
June 14, 2016
Fed Rate Hike: Not June, Not Likely July, More Likely SeptemberThe Federal Reserve has been stripped of an opportunity, says Timothy Duy.
June 13, 2016
Credit Card Debt Soars, Pushes Past Pre-Recession Levels: CardHubCardHub is projecting that Americans will end 2016 with roughly $1 trillion in outstanding balances for the first time ever.
June 13, 2016
Top Portfolio Products: Franklin Templeton's First Strategic Beta ETFsHow Franklin Templeton hopes to outperform benchmark MSCI global and international indexes with its first suite of strategic beta ETFs.