Economy & Markets
The important economic and stock market news that advisors need to know.
What Trump’s Treasury Pick Thinks About Taxes, the Markets and More
By Jarrell Dillard and Stephanie LaiScott Bessent, who leads hedge fund Key Square, wants to renew the '17 tax cuts and loosen regulations.
November 21, 2024
Trump Seeks Perfect Treasury Candidate as Search Drags OnHedge fund leader Scott Bessent, Apollo Global CEO Marc Rowan and former Fed governor Kevin Warsh are the top contenders.
November 21, 2024
Fidelity, Vanguard Launch New Active ETFsFidelity debuted five actively managed stock ETFs while Vanguard unveiled two active muni bond ETFs.
November 21, 2024
Passive Investing Could Crash the Market, Swiss Re Institute Analysts WarnEventually, bad news might wake investors from sweet index fund dreams and cause them to sell, sell, sell.
November 21, 2024
Bill Hwang Sentenced to 18 Years in Prison in $36B Family Office CaseHis conviction for fraud and market manipulation was tied to collapse of Archegos Capital Management.
November 20, 2024
Yes, Life and Annuity Issuers Can Suddenly Collapse, Treasury Risk Tracker WarnsThe Office of Financial Research put a section on fire sale exposure in its new financial stability report.
November 19, 2024
Trump Picks Cantor Fitzgerald’s Lutnick as Commerce ChiefLutnick, 63, is one of Trump’s most prominent Wall Street backers and is co-chair of his transition team.
November 18, 2024
Noting Buffett’s Cash Hoard, Bob Doll Warns of Stock PressureBerkshire Hathaway's cash allocation is at a 35-year high, the Crossmark prognosticator notes.