Economy & Markets
The important economic and stock market news that advisors need to know.
Goldman: 4 Reasons to Overweight U.S. Stocks, Downplay Inflation Worries
By Bernice NapachSharmin Mossavar-Rahmani, CIO of the wealth unit, explains why she doesn't buy into the consensus that investors should favor emerging markets.
February 04, 2021
These 12 States Will Be the Richest by 2025: AnalysisA business communications firm looked at trends in home values, income and GDP.
February 04, 2021
MassMutual Under Investigation Over 'Roaring Kitty'Massachusetts regulators are "looking into whether or not MassMutual should have been aware" of its ex-advisor's activities.
February 04, 2021
LifeYield, Allianz Life Team Up on Retirement Solution for Advisors: Tech RoundupAlso, Broadridge introduces ESG Advisory Services.
February 03, 2021
Do Americans Need Another Stimulus Check? Bloink & Byrnes Go Thumb to ThumbTwo professors debate whether more direct aid to individuals and families would aid the economic recovery.
February 02, 2021
Here's a New COVID-19 Nightmare, for YouEconomists say the long-term effects of this pandemic on annuity sales could be bad.
February 02, 2021
Wells Fargo Cuts 320 Brokerage Jobs in Virginia: ReportNumber of staff in the Wealth and Investment Management unit was 29,515 as of Dec. 31, 2020 — down by 1,303 from the prior year.
February 02, 2021
Schwab's CEO Clarifies Its Response to Reddit-Inspired RallySchwab and TD Ameritrade did "restrict certain advanced options strategies," CEO Walt Bettinger said about the firms' actions last week.