FA News

Trade Wars Shouldn't Cause Advisors To Flee To Cash, Strategist Says

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Trade-war tensions are based more on fear than real economic impact, a Columbia Threadneedle portfolio manager said.

Clients Often Follow 'Money Scripts' They Learn As Children

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Financial advisors need to uncover their clients' "scripted" thinking for their work to do any good, this advisor says.

Fund Manager Who Beat 98% Of Peers Says Stay Calm And Buy Stocks

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Valuations suggest “decent” returns in the next 12 months, the JPMorgan fund manager said.,

The World's Largest Wealth Manager Just Turned Bearish On Stocks

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UBS Global Wealth said U.S.-China trade tensions have increased market and economic risk.

For Baffled Wall Street, Trump Markets Are 'Weirder' Than The 2008 Crisis

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The number of moving parts in today's market presents a unique challenge, one strategist said.

U.S. Charitable Dollars Often Stay Close To Home

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Donation trends show U.S. philanthropists are quick to respond to causes in their communities, Fidelity Charitable says.

How To Use Market Volatility To Cut Clients' Tax Bills

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Tax-loss harvesting is one of the ways advisors can strategically use volatility.

Trump Risks Big Fight With U.S. Business Over Quit China Order

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But there are major doubts over the feasibility of such an order.

CFP Code Imposes Broad Fiduciary Duty On Broker Sales

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Broker-dealers will be impacted since Finra can enforce the code, according to one law firm.

Proposal To Digitize 401(k) Disclosures Moves Forward

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Going from paper to digital 401(k) information delivery could cut costs by hundreds of millions of dollars, one report said.

Teachers Among Biggest Student Loan Borrowers, Survey Says

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The debt burden of the nation's teachers is the subject of a recently filed federal lawsuit.

Trump Asks Who's The Bigger U.S. 'Enemy': Fed's Powell Or China's Xi

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China announced new tariff that would take aim at the heart of Trump’s political support.

Larry Summers Says Central Bankers Confront A 'Black Hole' For Policy

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He argued low interest rates do little to stimulate demand and may make the problem worse.

Powell Says Economy In Favorable Place, Faces Significant Risks

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Investors took his remarks as leaving the door open to another rate cut when the Fed meets next month.

Fannie-Freddie Revamp Risks Destabilizing Economy, Democrat Says

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A Treasury Department plan would address ways to rebuild capital at Fannie and Freddie.

G-7 Is Well Timed To Fight Recession But Leaders Unlikely To Act

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The allies are so divided that they may squander the chance to find a solution.

Harvard Economist Warns Hong Kong Could Trigger World Recession

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Anti-government protests that began nearly three months ago are pressuring Hong Kong’s economy.

With Talks On Ice, Deadline Slips For EU Trade Deal With U.S.

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The deal would suspend a U.S. threat to impose tariffs on European automobile exports.

China Says U.S. Is Using Fentanyl Feud As Political Weapon

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Fentanyl has played a role in the opioid epidemic that’s been blamed for thousands of overdose deaths in the U.S.

FPA Announces Heart Of Financial Planning Awards

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Three advisors won the award for exemplifying the spirit of financial planning, the FPA said.