Economy & Markets
The important economic and stock market news that advisors need to know.
Fed Unlikely to Cut Interest Rates in June: Gundlach
By Luke Kawa | Alan MirabellaJuly rate cut is "a pretty good possibility," and a cut by September is basically "a lock," according to the DoubleLine Capital CEO.
June 13, 2019
Trade Policy Is the Biggest Risk to US Growth: SurveysEconomic outlooks from CEOs and a roundtable of bank and brokerage economists highlight the risks of U.S. trade policy.
June 13, 2019
Martin Feldstein, RIP: A Pragmatist Disguised as a ConservativeThe Nobel prize-winning economist and chief economist for President Ronald Reagan died earlier this week.
June 13, 2019
Pimco Parent to Offer Active Funds at 'ETF-Like' PricesThe firm will use its robo-advisor Moneyfarm platform to offer these funds directly to retail investors.
June 13, 2019
Pershing Moves to Help Indie Advisors Expand in LatAm MarketThis growing market is largely cornered by the four "wirehouse" brokerage firms — for now.
June 13, 2019
Dancer Turned Advisor Finds His Past Entices ProspectsKristen Irby worried that his former career would deter prospective clients, but the opposite is true, he tells ThinkAdvisor.
June 12, 2019
Pershing Execs Want to Help Advisors 'Do More' and 'Do It Faster'Focus on building value and "let us do the heavy lifting behind the scenes," incoming CEO Jim Crowley tells advisors at the Insite kickoff.
June 12, 2019
Paul Tudor Jones Says Buy Stocks on Prospect of Market HighsThe trade is part of a standard playbook he calls "first rate cut 101," which includes being long rates, gold and "at some point short the dollar," Jones said..