Economy & Markets
The important economic and stock market news that advisors need to know.
GOP Releases Final Tax Cut Bill
By Melanie WaddellLegislators kept virtually the entire corporate cut and made sure it starts next year, said Andy Friedman of The Washington Update.
December 14, 2017
Jeremy Grantham: 'Be Brave' and Invest in Emerging MarketsIn GMO's latest newsletter, its CIO says emerging market stocks are the "only cheap asset."
December 14, 2017
Vanguard to Launch Blockchain PlatformThe mutual fund giant recently concluded a successful pilot using blockchain for 17 index funds.
December 14, 2017
Sen. Rubio Opposes Tax Bill, Rattling NegotiationsThe Florida Republican is pushing for an increased child tax credit.
December 13, 2017
Fed Raises Short-Term Rates, Suggests 3 More Hikes Next YearOutgoing Chair Janet Yellen admits that the Fed's "understanding of the forces driving inflation isn't perfect."
December 13, 2017
The Coming Shift in Emerging MarketsAs China's economy matures, its growth story is playing out in other emerging markets in ways the indexes don't fully capture.
December 13, 2017
Affluent Americans Split on How Trump's Policies Will Affect Their FinancesA Personal Capital survey finds about half of investors expect better market performance next year.
December 12, 2017
The Hidden Stock Market Price of Falling for the Dividend RuseA favorite theory of financial economists is that stock dividends are a free-money mirage. Research says almost everyone falls for it.