Welcome to our News Round-Up! Here, we’ll share with you interesting news in interesting ways, giving you a snapshot of a few of this past week’s headlines and events to get you caught up on what’s going on both here and abroad.
August 22, 2015
Quote of the Week:
- “Global markets are in panic mode as the full scale of China’s slowdown becomes clearer.” – Angus Nicholson of IG Markets, describing the wretched performance of the global economy on Friday as China dials back on the yuan. The Dow plummeted 500 points on Friday.
On Your Business:
- Boost your content marketing efforts in three simple steps. Looking for ways to kick your content marketing up a notch but aren’t sure where to start? Look no further. Check out FinancialPlanning.com’s 3 Content Marketing Rules for Advisors!
On the Industry:
- “Hybrid” – not just a term to describe cars. With do-it-yourself investing on the rise, more and more clients are managing a portion of their money themselves while turning over the rest to their advisors–odds are, you have a few “hybrid” clients on the book at your business! Check out this InvestmentNews.com article for all you need to know on this investing trend.
On the Economy:
- On second thought… We’ve previously posted articles that laid out reasons why the Fed would be raising interest rates later this year. Not so fast, says this Yahoo! Finance article–there are at least five reasons that we might need to wait a little longer for a rate hike.
On the World:
- Nothing called a “Death Cross” can be good, can it? There are so many factors to consider from this Fiscal Times post that I won’t bother to try to go into detail here–you should definitely read the whole article. But here’s what you need to know: An unexpected, overnight decision by the Peoples’ Bank of China to devalue the yuan led to far-reaching consequences for banks around the world, including the Dow Jones posting a “death cross” (a technical signal in which the 50-day moving average drops below the 200-day moving average) for the first time since 2011.