Economy & Markets
The important economic and stock market news that advisors need to know.
Fed's Dudley Says Wells Fargo Shows Bank Culture Needs Improving
By Matthew Boesler, BloombergComparing the recent scandal to the mortgage crisis, "There was a serious mismatch" between values and incentives, he explains.
March 17, 2017
Top 10 Cities for Millennial HomebuyersBuyers 35 and younger are more active this spring than in recent years, LendingTree reports.
March 17, 2017
Advising Clients on Social Security: Talking Points, Part 2This installment will discuss more advanced topics, like explaining Social Security retirement income eligibility, and COLAs.
March 16, 2017
Advising Clients on Social Security: Talking Points, Part 1This five-part series will explain the talking points that advisors need to share when meeting with clients to discuss Social Security benefits and provide assistance.
March 16, 2017
T. Rowe Price Launches Robo Platform With Only Actively Managed FundsT. Rowe Price ActivePlus Portfolios chooses the funds for investors and is available initially only for IRA accounts.
March 16, 2017
Trump Budget 'Not a Budget,' Think Tank SaysTrump's first "skinny" budget is even skinnier than many past presidents'.
March 16, 2017
Fed raises benchmark rate as inflation approaches 2% targetThe Federal Reserve raised its benchmark lending rate a quarter point Wednesday and continued to project two more increases this year.
March 15, 2017
Fed Raises Rates; So What Should Clients Do?The Fed's latest move has implications for investments and management of short-term variable debt.