Economy & Markets
The important economic and stock market news that advisors need to know.
Fed to End COVID-19 Capital Break It Gave Wall Street Banks
By Jesse HamiltonThe break lets banks load up on Treasurys and deposits without the capital to protect against losses and ends March 31.
March 17, 2021
Fed Keeps Zero-Rate Outlook, Sees Inflation Bump as Short-LivedOfficials saw their preferred measure of price pressures slowing to 2% next year following a spike to 2.4% in 2021.
March 16, 2021
COVID-19 No Longer Investors' Top Tail Risk: BofAInflation is fund managers' biggest concern now, the survey found.
March 16, 2021
Schwab's Sonders: Social-Media Driven Investors Need to Wise UpThe Schwab strategist said she hopes these new investors learn to think long term "without a calamity having to happen."
March 16, 2021
Wells Fargo, JPMorgan and BofA Set to Distribute Stimulus Payments on WednesdayWhen the banks told customers they wouldn't receive stimulus money until this week, consumers flooded social media with complaints.
March 15, 2021
Schwab Sees 'Massive Surge' in Social Media-Influenced TradingSchwab's core net new assets were $51.4 billion last month, while total client assets were $6.9 trillion.
March 15, 2021
Human Capital: SEC's Lee Zeroes in on SPACsWelcome back to Human Capital. I'm Melanie Waddell, ThinkAdvisor's Washington Bureau Chief. This week's hot topic was SPACs — special purpose acquisition…
March 12, 2021
Emerging Market Investing: India vs. ChinaWhile China's growth has surged in the past decade, India is well-positioned to outpace it going forward.