Economy & Markets
The important economic and stock market news that advisors need to know.
Gundlach Predicts 'Regime Change' for Markets in 2021
By Janet LevauxThe DoubleLine CEO sees higher volatility for equities and Bitcoin, along with stronger performance for emerging market equities.
January 11, 2021
Wall Street Firms Halt Political Contributions After Capitol RiotJPMorgan Chase, Goldman Sachs, Citigroup and Morgan Stanley are among the companies pausing contributions.
January 11, 2021
Biden Plans to Act Immediately on Student Debt ReliefHe will extend the moratorium on federal loan payments and wants Congress to cancel $10,000 of student debt, a Biden advisor says.
January 11, 2021
Mystery Variable Annuity Holders Tend to Drift Away: RuarkAnalysts also found that customers with richer guarantees had a tighter grip on their contracts.
January 11, 2021
Sound Income Strategies Launches ETFs for Retirees: Portfolio ProductsAlso, new Hamilton Lane fund expands access to private markets for individual investors.
January 11, 2021
33 Undervalued Stock Picks for 2021: MorningstarHere are some stocks that have room to grow in 11 sectors, according to the research firm.
January 08, 2021
SoFi Plans to Go Public via SPACThe deal involves a special-purpose acquisition company and private investment combination, valuing the company at $8.65 billion.
January 08, 2021
TurboTax Starts Depositing Delayed Stimulus FundsH&R block also says delays in processing economic impact payments have been resolved.