FA News

The Bond Market's $1 Trillion Deficit Spiral Has No Political Fix

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No matter what happens in the midterm elections, the market expects the U.S. to pile on more debt.

Republicans Fought Obamacare. Now They're Campaigning To Save It

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GOP candidates in key races are playing defense on a hot-button issue.

Advisors May Have Millennials All Wrong, Study Finds

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The majority of millennials want face-to-face interactions with advisors, according to a new study.

The CFP Board And Wharton Launch Client Psych Course

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The CFP Board and the Wharton School have created a client psychology course for finance professionals.

Hedge Fund And ETF Stalwarts Squeezed Hardest In Stock Selloff

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Following the speculative money or riding the passive flows isn’t working -- for now.

Bonds In $916 Billion Wipeout Spark Fear Of Worst Run Since 1976

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American high-grade obligations are down 2.53 percent in 2018.

Nobel Winner Vows 'Zero Tolerance' For Lazy, Untested Economics

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“If I think it might be wrong, it is my job to say it is wrong,” the New York University professor said.

Ron Carson Says Be A Battleship, Not A Sailboat

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The Carson Group founder told advisors how to navigate future currents at the FPA’s national conference.

Morgan Stanley Brokers, Bankers To Get New Tech-Friendly Offices

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More workers will get views of the Statue of Liberty, but they're losing the kombucha on tap.

Trusts Can Make Tax-Smart Inheritance Tools For Wealthy Clients

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High-net-worth clients can see tax benefits and other advantages by providing for their heirs with trusts instead of through wills...

Wall Street's New Left: Millennials See A Politics Beyond Profit

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A new generation of finance professionals are embracing progressive politics as never before.

Bond Tumult To Hit Last Stock Market Pillar, Morgan Stanley Says

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Investors's appetite for growth stocks has begun to shrink as bond yields surge.

Smallest Stocks See Most Pain As Safe Haven Trade Unwinds

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The average performance of stock groups gets worse as you move further down the size spectrum.

North Korea Hackers Broke Into Banks, Tried To Take $1.1 Billion

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The hacking group has infiltrated more than 16 organizations in 11 countries, including the U.S.

The Hunt Is On For A Musk Whisperer As Tesla Accommodates SEC

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The company is being forced by the SEC to rein in its controversial CEO.

As Cetera Deal Closes, Advisors Evaluate New Equity Alignment Program

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CEO Robert “RJ” Moore seeks a new level of engagement with Cetera reps.

Insurers Hit The Airwaves Talking Retirement Income

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The Alliance for Lifetime Income launched a financial literacy project talking about income vehicles.

New Amazon Minimum Wage Is Below Median Pay In Most Areas

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Employees in 57 percent of the locations will make less than the local median.

David Einhorn Says Tesla Resembles Lehman

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"We think the deception is about to catch up to TSLA,” he said.

Pimco's Mark Kiesel Says Bonds Look Most Attractive In A Decade

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“Yields are finally competition for dividends,” he said.