Economy & Markets
The important economic and stock market news that advisors need to know.
Schwab's Sonders: Are We 'Just a Shot Away' From Economic Recovery?
By Ginger SzalaPondering Rolling Stones lyrics, Schwab's chief investment strategist is skeptical that a vaccine will cure all of our pandemic-related ills.
October 27, 2020
Asset Manager Diversity Linked to Better Investment Returns"Failing to deliver optimal diversity of thought" is "bad for savers," Willis Towers Watson says.
October 27, 2020
12 Fastest-Growing Small Cities in America: 2020WalletHub ranked 515 cities on metrics like employment and college-educated population growth.
October 27, 2020
BlackRock Cuts U.S. Treasurys, Citing Odds of Democratic SweepIt also upgraded Treasury inflation-protected securities. A blue wave would likely mean "significant fiscal expansion," BlackRock said.
October 26, 2020
BlackRock Exec Rejoins DWS as U.S. Head of WealthMatt Hilding is focused on growing the firm's U.S. channel, which is key for its overall growth strategy.
October 26, 2020
These Bonds Could Benefit From a Democratic SweepHint: They tend to attract more buyers when taxes rise.
October 26, 2020
WisdomTree Teams With 55ip on Tax-Smart Model Portfolios: Portfolio ProductsAlso, Janus Henderson launches floating rate AAA CLO ETF.
October 25, 2020
Fidelity International Buys U.K.-Based Personal Investing BusinessThe deal brings 300,000 Legal & General clients and the equivalent of about $7.6 billion of assets to the London-based business.