Economy & Markets
The important economic and stock market news that advisors need to know.
Cash is the riskiest investment for retirees
By Emily ZulzTom Hoops, Legg Mason executive vice president, discusses three alternative solutions to holding cash.
March 18, 2016
15 Best States for Retirement: 2016WalletHub rated states based on 24 metrics in three key areas, with affordability the primary determinant in judging a states friendliness to retirees.
March 18, 2016
View: Why senior citizens should thank the FedThe author says unduly tight monetary policy has kept rates too high.
March 18, 2016
Why So Many Women Diss Wall StreetIn a WorthFM survey of 1,500 women, about three-quarters give the financial services industry a grade of C or worse on explaining saving and investing.
March 17, 2016
When a Muni’s Tax Efficiency Doesn’t Mean Better After-Tax ReturnsAndy Chorlton of Schroders warns: Don't assume that muni bonds will always yield the best after-tax returns for investors.
March 17, 2016
Lost in Translation—Understanding Japan’s Negative Interest Rate PolicyThe imposition of negative rates on Japans bank reserves recently caught the market by surprise. Teresa Kong explores the possible implications of this new interest rate policy.
March 17, 2016
Leading indicators in the U.S. rose in February as hiring improvesFour of 10 indicators advance, led by fewer jobless claims, while economic outlook is still positive with little chance of downturn.
March 15, 2016
Fund Managers Cut Cash, Buy Commodities and Emerging MarketsBut the buy signal seen in February may be fading, Merrill says in its monthly fund manager report.