Economy & Markets
The important economic and stock market news that advisors need to know.
BlackRock to Buy SMA, Custom Index Shop for $1.05B
By Janet LevauxThe news comes about six weeks after Morgan Stanley agreed to buy Eaton Vance — which includes direct indexer Parametric.
November 23, 2020
BlackRock Upgrades U.S. Stocks, Stresses 'Barbell' ApproachThe asset manager cautions that the market faces "challenging months ahead" with the resurgence of COVID-19 cases.
November 23, 2020
The 60/40 Portfolio Is Muzzling Critics With Another Big YearThe strategy's resilience is a rebuttal to the many critics who have been calling for its demise for some time.
November 23, 2020
SEC Needs to Take 'Bottom to Top' Review of Fixed Income Markets: CrenshawThe next chairman or chairwoman will likely "take a hard look at the commission's approach to ESG," Crenshaw said.
November 22, 2020
Annuities Could Stop Retirees From Going Broke. Why Don't More People Use Them?The Stanford Longevity Project and Principal Financial Group look at why many retirees don't use annuities and how to address their concerns.
November 22, 2020
SPACs: What Advisors and IPO Investors Should KnowSPACs have gone mainstream in 2020 with companies like DraftKings, Nikola and Fisker choosing this route as a means of going public.
November 20, 2020
3 Big Factors Worry Advisors, Investors: NationwideA Nationwide survey finds pandemic, economy and election are driving volatility.
November 20, 2020
Investors and Business Owners Feeling Good After Election: UBSUBS survey finds both groups want input from financial advisors, but business owners complain they aren't receiving enough contact.