Economy & Markets
The important economic and stock market news that advisors need to know.
How to Prep Portfolios for Recovery as Stimulus Takes Hold
By Stephanie LinkWhere should you invest now? Here's what Hightower's chief investment strategist, Stephanie Link, recommends.
February 26, 2021
SEC Halts Trading in 15 Companies Due to Social Media ActivityThe regulator is responding to "potential attempts to exploit investors during the recent market volatility," it says.
February 25, 2021
Black Investors Continue to Trail Whites in Building Wealth: SurveyBut Black Americans under 40 are as likely as their white counterparts to invest in stocks, the survey found.
February 25, 2021
Reddit GameStop Squeeze Is a Game ChangerOne outcome of the GameStop incident could be the SEC moving to a T+1 settlement date for securities transactions.
February 25, 2021
Joe Duran: 9 Ways to Help Clients Live Richly Instead of Dying RichHere's how to help clients live the lives they want, according to the head of Goldman Sachs Personal Financial Management.
February 24, 2021
BlackRock Downgrades U.S. Government BondsRising inflation expectations, strengthening economies and "huge" fiscal spending by governments underpin the downgrade.
February 24, 2021
T+1 Inches Closer After Robinhood GameStop FrenzyFormer SEC Chairman Jay Clayton agreed Tuesday at DealBook's DC Policy event that "time has come" for T+1.
February 23, 2021
Fed Chairman Vows to Keep Supporting Economic Recovery"The job is not done. ... We've got to get the pandemic under control so the U.S. economy can reopen," Powell said.