Economy & Markets
The important economic and stock market news that advisors need to know.
Gundlach Warns of 'Cocktail of Economic Risk'
By Janet LevauxThe U.S. economy will be quite vulnerable when the next recession hits, Gundlach says.
May 15, 2019
Fund Managers Are Worried About China: Merrill SurveyFund managers said a trade war and a slowdown in China were their top two concerns.
May 14, 2019
Alice Rivlin, Fed Vice Chair Who Was Budget Hawk, DiesShe was founding director of the Congressional Budget Office; CBO was the 'official purveyor of bad news to the Congress.'
May 14, 2019
Trump Wants Fed to Cut Rates to Match China's Expected EasingThis push may help him to blame the Fed if the escalating trade dispute causes the U.S. economy to stumble.
May 13, 2019
Is the China Trade War as Troubling as It Seems?Can the strong U.S. economy weather the side effects of an exchange of tariffs?
May 13, 2019
Consumers Expect Big Increases in College and Health Care CostsBoth are expected to increase at roughly three times the median inflation rate over the next 12 months.
May 13, 2019
How Much Money Do You Need to Be Wealthy in America?It's a slight drop from last year, and the answer varies by generation.
May 13, 2019
The 10 Biggest Political Spenders on Wall StreetThese firms spent the most on lobbying and campaign contributions in the last election cycle.